Friday, April 13, 2012

Iraq calls for free to the formation of parliamentary committees to investigate and administrative violations in the Central Bank

Friday 13/04/2012

Baghdad (news) .. called / Iraqi bloc of free / to the formation of a parliamentary committee and other administrative investigation into allegations of violations for the work of the Central Bank of Iraq.
The bloc said in a statement on Friday received the Agency (news) copy of it: that what you are talking about some of the parties on the existence of violations in the work of the Central Bank recently, particularly with regard to landing the value of Iraqi dinar against the dollar, require validation through the formation of two committees Thakiqitin parliamentary and administrative to determine the circumstances of the case.

She said mass in its statement: If there have been breaches of this hope that there will be government intervention to save the Iraqi economy and to hold negligent who caused the fall of the Iraqi dinar.
The controversy was raised about the causes of decline in value of the dinar and the high value of the dollar in the last period, and carried some of the parties, the central bank responsible for fall of the Iraqi currency due to the fact that the central bank is preparing the Iraqi market, local, including needs of the dollar, which means that the issue of height of the dinar and the decline will depend on what posed of the dollar, while the Iraqi Central Bank attributed the reasons for the low exchange rate of the Iraqi dinar against the U.S. dollar in local markets, to the high demand for it greatly, saying in a statement that the rise bubble will disappear gradually. / Finished / d. N /

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