Warn of economic exploition of an auction sale of currency for the porposes of a bad

14/04/2012

BAGHDAD / JD / .. warned the parliamentary economic committee of the exploitation of an auction sale of currency carried out by the Central Bank for evil purposes. Committee Chairman Ahmed al-Alwani's / JD / "The low exchange rate of the Iraqi dinar recently due to several reasons, is the exploitation of an auction sale of currency carried out by the Central Bank for purposes other than noble, in addition to the money laundering operations." Alwani said, "The Central Bank is on volatile Iraqi dinar exchange rate and is responsible for actively secure the line of lines to make the Iraqi dinar and settles back to its position in the market." He said, "The Economic Commission for follow up and monitor the work of the Central Bank would intervene in the timeline and solve problems." And student-Alwani, "the Central Bank of new procedures regarding the identification of those who deal in dollars and reduce the speculative market," calling me. "Mechanism and the conditions make it deals with the dollar are the points of solid and recognized by the state as if they are well-known companies are not the names and fake exploit the current state of things are not in interest of the country. " He pointed out that "monetary and fiscal policy in Iraq need to re-organize the implementation and especially since the country is in transition." The head of the parliamentary economic committee "during the next phase of the dinar exchange rate will return to what it was before when there is an objective study to resolve the crisis." / Ended / 11 n

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