Finance: The government and the central bank rigid weak Handle rising dollar

by **Rocky** Mon 12 Dec 2016, 6:42 am

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Post n°1

Finance: The government and the central bank rigid weak Handle rising dollar

by Rocky Mon 12 Dec 2016, 6:42 am

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BAGHDAD / SNG
Parliamentary Finance Committee said, that the government is rigid and did not move a finger on the US currency rising against the Iraqi currency, stressing that the central bank is weak in addressing the rising dollar prices in the local market.
Said committee member Ahmed Sarhan in a press statement that "the Commission against any rise in the currency of the dollar against the Iraqi dinar, noting that the parliament and the government did not take any action in the 2017 budget to tackle rising dollar against the dinar in the local markets."
He pointed out that "there are taking advantage of the sharp rise of the dollar exchange rate on the dinar views, stressing that the Iraqi dinar has become a fall day after day, to raise the value of the dollar in the market."
He added that "the central government's rigid and did not take any measures to curb the appreciation of the dollar in addition to the weakness of the central bank not to pump large amounts of dollar to decrease the volume in the markets."
And that "the government and central bank to take measures to address the decline of the Iraqi dinar against the dollar, and to hold accountable those who control the market and have the effects of the liftin

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by **Rocky** Mon 12 Dec 2016, 6:48 am

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Post n°2

Parliamentary Finance: beneficiaries of the rising dollar and the government and parliament have don

by Rocky Mon 12 Dec 2016, 6:48 am

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12/12/2016 12:44 BAGHDAD / tomorrow Press: Parliamentary Finance Committee, confirmed on Monday that the government is "static" and did not move a finger on the US currency rising against the Iraqi currency, indicating that the central bank is weak in addressing the rising dollar prices in the local market. The committee member said Sarhan Ahmed for "tomorrow's Press," that "the Commission against any rise in the currency of the dollar against the Iraqi dinar," noting that "the parliament and the government did not take any action in the budget of 2017 to address the phenomenon of rising dollar against the dinar in the local markets." He added, "There are benefiting from the surge of the dollar exchange rate on the dinar views," stressing that "the Iraqi dinar has become a fall day after day, to raise the value of the dollar in the market." He believed that "the central government rigid and did not take any measures to curb the appreciation of the dollar, in addition to the weakness of the central bank, not to pump large amounts of dollar to decrease the volume in the markets." And that "the government and central bank to take measures to address the decline of the Iraqi dinar against the dollar, and to hold accountable those who control the market and have the effects of the lifting of the US currency."

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