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Parliamentary Finance: The Central Bank should exclude banks that manipulate the exchange rate from the currency auction
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The Parliamentary Finance Committee proposed a solution to the crisis of the high exchange rate of the dollar against the Iraqi dinar in the market, while it presented three options to the Central Bank of Iraq to solve the exchange rate crisis.
Committee member MP Ahmed Rashid said in a press statement that the Central Bank confirmed, before applying the new dollar exchange rate, that the price is fixed at one thousand four hundred and fifty dinars per dollar, and is not subject to change, but the banks and exchange companies did not abide by this.
He explained that the central bank has options to issue warnings and penalties, or to exclude banks and companies that manipulate the dollar exchange rate, or to increase the supply.
[You must be registered and logged in to see this link.]
by [You must be registered and logged in to see this link.][You must be registered and logged in to see this link.] , [You must be registered and logged in to see this link.]2 Hours ago
[You must be registered and logged in to see this link.]
The Parliamentary Finance Committee proposed a solution to the crisis of the high exchange rate of the dollar against the Iraqi dinar in the market, while it presented three options to the Central Bank of Iraq to solve the exchange rate crisis.
Committee member MP Ahmed Rashid said in a press statement that the Central Bank confirmed, before applying the new dollar exchange rate, that the price is fixed at one thousand four hundred and fifty dinars per dollar, and is not subject to change, but the banks and exchange companies did not abide by this.
He explained that the central bank has options to issue warnings and penalties, or to exclude banks and companies that manipulate the dollar exchange rate, or to increase the supply.
[You must be registered and logged in to see this link.]
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