Wednesday, April 17, 2013

MP Faizullah: the continuing problems of the central bank will affect the stability of the exchange rate of the Iraqi dinar


17-04-2013

Baghdad (news) .. Warned the Vice-Chairman of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Hassan Faizullah, of continuing problems within the central bank charges on his work because it will affect the stability of the exchange rate of the Iraqi dinar.

He said Faizullah (of the Agency news): that the central bank is a major financial institution and job maintaining the stability of the currency and control of financial and banking operations, Fasthdavh will decrease would in front of international banks, and lose confidence in him, and thus affect the stability of the Iraqi dinar.

He added: can not be any party to interfere with the work of the Central Bank or directing false accusations untrue to reality, as it is an independent body unrelated third party run by financial experts and economists.

He was accused member Integrity Committee Jawad Alshahyla, the current Directors of the Central Bank of stealing 10 tons of gold, as well as other operations of currency smuggling and money laundering.

And witnessed the exchange rate of the Iraqi dinar severely decrease its price against the U.S. dollar, which made economists fear the financial and monetary situation in the country of the problems that may affect it. / End / 8.'s. M /

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