Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Legal settles the debate over the possibility of filing a lawsuit against the Central Bank to restor

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280892
    Join date : 2012-12-21
    • Post n°1

    Legal settles the debate over the possibility of filing a lawsuit against the Central Bank to restor Empty Legal settles the debate over the possibility of filing a lawsuit against the Central Bank to restor

    Post by Rocky Sat 13 Feb 2021, 8:20 am


    Legal settles the debate over the possibility of filing a lawsuit against the Central Bank to restore the exchange rate

    08:34 - 13/02/2021


    [You must be registered and logged in to see this link.]
     
    Information / Diyala ..
    The head of the Jurists Union in Diyala, Hussein Al-Taie, resolved, on Saturday, the controversy over the possibility of filing a lawsuit against the Central Bank to restore the dollar’s ​​exchange rate to what it was.
    Al-Taie said in a statement to "the information", that “determining the value of the exchange rate for the dollar against the dinar is one of the exclusive powers of the Central Bank of Iraq, as it is responsible for the monetary policy in the country and the law according to its multiple contents allows it to regulate and determine the exchange rate for economic requirements, whether its decision is correct or wrong, as it is He is the one who bears responsibility and is entitled to be questioned by Parliament, as it is the highest legislative body in the country and has the right to monitor all state institutions, including the financial ones.
    Al-Taie added, "It is not possible to file a lawsuit against the Central Bank to return the exchange rate of the dollar to what it was, because determining the price is an exclusive right of the bank, such as the exercise of a ministry or a specialized sector body concerned with its powers, meaning that the matter is related to the exclusive powers and it is the right of the central bank."
    He pointed out that “the Iraqi judiciary intervenes through the existence of a case, and the last one must have a legal basis if it does not exist and is missing in the main. How will the judge rule,” noting that “even if it is lifted, the response of the Central Bank or its representative will have exercised its exclusive powers according to the law. And he did not violate its provisions.
    And the Central Bank had suddenly raised the exchange rate of the US dollar against the Iraqi dinar, without prior warning about a month ago from now, which led to confusion in the markets.
    [You must be registered and logged in to see this link.]

    chouchou likes this post

    • Back to top
      Current date/time is Sat 16 Nov 2024, 11:42 pm