11/03/2012
Baghdad (news) ..
Warned a former member of the House of Representatives Abdul Hadi
al-Hassani, making the work of the central bank auction for the sale of
hard currency is a public front companies and the public because it will
lead to financial corruption and affect transparency.
He said Hassani (of the Agency news): Can not the central bank may resort to withhold the announcement of the sale of foreign currency in the auction for it will affect the transparency and integrity of the central bank, adding in saying can take temporarily to keep the dinar exchange rate and then because selling public.
He praised MP Hassani: monetary policy pursued by the central bank, describing It Balrsana helped the quasi-stability of the exchange rate of the dinar against the dollar after he saw a big drop in front of difficult international currency, likely that the dinar witnessed a significant improvement in its price against the dollar in the coming period.
The Iraqi Central Bank may withhold the announcement of the auction during the last two days without knowing the reasons, where the auction is held five meetings in the bank week from Sunday to Thursday of each week.
The Cabinet decided earlier assigned Chairman of the Board of Supreme Audit Abdul Basit Turki Department of the Central Bank of Iraq to succeed former Governor Sinan al-Shabibi. / End / 8. N. P /
He said Hassani (of the Agency news): Can not the central bank may resort to withhold the announcement of the sale of foreign currency in the auction for it will affect the transparency and integrity of the central bank, adding in saying can take temporarily to keep the dinar exchange rate and then because selling public.
He praised MP Hassani: monetary policy pursued by the central bank, describing It Balrsana helped the quasi-stability of the exchange rate of the dinar against the dollar after he saw a big drop in front of difficult international currency, likely that the dinar witnessed a significant improvement in its price against the dollar in the coming period.
The Iraqi Central Bank may withhold the announcement of the auction during the last two days without knowing the reasons, where the auction is held five meetings in the bank week from Sunday to Thursday of each week.
The Cabinet decided earlier assigned Chairman of the Board of Supreme Audit Abdul Basit Turki Department of the Central Bank of Iraq to succeed former Governor Sinan al-Shabibi. / End / 8. N. P /