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Najafi confirms the support of the parliament of the Central Bank in order to control the exchange rate
17/07/2013 - 16:43
Nujaifi during a meeting with Central Bank Governor Abdul Basit Turki
Alsumaria News / Baghdad
The head of the House of Representatives Osama Najafi, Wednesday, supporting the Parliament of the Central Bank in order to strengthen the cash balance and control of the exchange rate, as called for a meeting with the Committee of indebtedness to study and discuss the mechanisms in place to address the issues of debt after the lifting of protection the U.S. on Iraqi funds.
Nujaifi said in a statement released today, on the sidelines of a meeting with the Governor of the Central Bank of Abdul Basit Turki, and received "Alsumaria News", a copy of "House of Representatives supports the central bank and manage the current in order to strengthen the cash balance and control of the exchange rate to serve the interests of the Iraqi citizen" .
He stressed Najafi, the need to "complete the procedures for the development of the Bank's work, especially in the field of electronic connectivity with banks and regulatory authorities such as customs and taxes", calling for "a meeting with the Committee of indebtedness which is chaired by the Deputy Prime Minister for Economic Affairs Rose Nuri Shaways and the membership of Minister of Oil and Justice and Finance and Foreign Affairs and Chairman of the Board of Supreme Audit, to study and discuss the mechanisms used in addressing the issues of debt after the lifting of U.S. protection of Iraqi funds. "
The Economic Commission parliamentary announced, on 20 February 2012, full support for the action the CBI for supporting the dinar exchange rate and sell the dollar in the auction, as well as planned on deleting three zeros from the local currency, as he emphasized the central bank's monetary policy is controlled them completely and the presence of cover enough of the local currency, the anticipated increase in dealing in Iraqi dinars, which necessitates the need for delete the zeros him.
And the foundations of the Iraqi Central Bank as a bank independent under its law issued on the sixth of March of the year 2004 as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions a day for the sale and purchase of foreign currencies, except on Friday.
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17/07/2013 - 16:43
Nujaifi during a meeting with Central Bank Governor Abdul Basit Turki
Alsumaria News / Baghdad
The head of the House of Representatives Osama Najafi, Wednesday, supporting the Parliament of the Central Bank in order to strengthen the cash balance and control of the exchange rate, as called for a meeting with the Committee of indebtedness to study and discuss the mechanisms in place to address the issues of debt after the lifting of protection the U.S. on Iraqi funds.
Nujaifi said in a statement released today, on the sidelines of a meeting with the Governor of the Central Bank of Abdul Basit Turki, and received "Alsumaria News", a copy of "House of Representatives supports the central bank and manage the current in order to strengthen the cash balance and control of the exchange rate to serve the interests of the Iraqi citizen" .
He stressed Najafi, the need to "complete the procedures for the development of the Bank's work, especially in the field of electronic connectivity with banks and regulatory authorities such as customs and taxes", calling for "a meeting with the Committee of indebtedness which is chaired by the Deputy Prime Minister for Economic Affairs Rose Nuri Shaways and the membership of Minister of Oil and Justice and Finance and Foreign Affairs and Chairman of the Board of Supreme Audit, to study and discuss the mechanisms used in addressing the issues of debt after the lifting of U.S. protection of Iraqi funds. "
The Economic Commission parliamentary announced, on 20 February 2012, full support for the action the CBI for supporting the dinar exchange rate and sell the dollar in the auction, as well as planned on deleting three zeros from the local currency, as he emphasized the central bank's monetary policy is controlled them completely and the presence of cover enough of the local currency, the anticipated increase in dealing in Iraqi dinars, which necessitates the need for delete the zeros him.
And the foundations of the Iraqi Central Bank as a bank independent under its law issued on the sixth of March of the year 2004 as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions a day for the sale and purchase of foreign currencies, except on Friday.
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