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[size=30]The Energy Committee reveals the real reason for the rise of the dollar and discloses a dangerous secret followed by the Central Bank[/size]
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[size=15]A member of the Parliamentary Oil and Energy Committee, Ghaleb Muhammad Ali, revealed, on Wednesday, the existence of massive corruption in the Central Bank of Iraq, stressing that the governor cannot control the dollar exchange rate because it is the parties that benefit from the high exchange rate .[/size]
[size=15]Ali said in an exclusive statement to the NRT Arabic website , today (June 6, 2021), that "there is massive corruption in the central bank and the governor of the bank cannot control the price of the dollar or fix the price due to the presence of a number of large political parties and blocs in Iraq that benefit from the high exchange rate." ."[/size]
[size=15]He added that "Iraq as a country sells one dollar for 1450 dinars to the Central Bank, but it is sold in the market for 1500 thousand dinars .[/size]
[size=15]He explained, "The state does not benefit from this difference, and the Iraqi citizen does not benefit from it, but part of it goes to banks and political parties, and the central bank must fix the price in the market at 1450 dinars, not that the sale be done randomly."[/size]
[size=15]He continued, "The central bank is completely subject to many parties, and the governor is under the control of these parties."[/size]
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