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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

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Established in 2006 as a Community of Reality

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    A parliamentary block accuses banks of raising the price of the dollar and calls on the Sudanese to

    Rocky
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    A parliamentary block accuses banks of raising the price of the dollar and calls on the Sudanese to  Empty A parliamentary block accuses banks of raising the price of the dollar and calls on the Sudanese to

    Post by Rocky Sun 22 Jan 2023, 10:31 am

    A parliamentary block accuses banks of raising the price of the dollar and calls on the Sudanese to investigate



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    2023-01-22 09:48
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    Shafaq News/ The head of the Parliamentary National Product Bloc, Ibtisam Al-Hilali, demanded, on Sunday, the Prime Minister, Muhammad Shia' Al-Sudani, to open an investigation with the banks participating in the window of buying and selling foreign currency to control the exchange rate of the dollar.



    Al-Hilali told Shafaq News agency, "The Prime Minister, Muhammad Shia'a, today demands the formation of a higher committee under his supervision, with the membership of the Ministers of Finance and Interior and the Governor of the Central Bank, to open an investigation with the banks and outlets involved in the window of buying and selling foreign currency.”
    And she indicated that "some banks and outlets are accused of selling the 100 dollars in the market at a price that exceeds 10 thousand dinars from the official price set by the Central Bank, in addition to smuggling millions of dollars out of Iraqi territory."
    Al-Hilali called on the Prime Minister to raise the issue of the "unprecedented rise" in the exchange rate in the cabinet session next Tuesday and to instruct the security services to arrest those behind the rise in the dollar exchange rate and food prices in the market.
    Since November 2022, the exchange rate of the US dollar against the Iraqi dinar has witnessed a gradual increase, reaching its highest levels in recent days, as it exceeded the barrier of 165 thousand dinars per 100 dollars.
    Yesterday, Saturday, a security source told Shafaq News agency that a force from the Economic Security conducted a security exercise in the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, to search for gangs trading in currency and monopoly.
    The source explained that the raid included a hit-and-run operation by the owners and employees of exchange offices, a number of whom were arrested.
    This was later confirmed by the Iraqi Ministry of Interior in a statement received by Shafaq News Agency, explaining that "the competent security services carried out a security operation in the capital, Baghdad, and the provinces to arrest those manipulating dollar exchange rates outside the controls." and instructions, as well as the owners of unlicensed exchange shops.
    The ministry stressed that "this process did not target the owners of companies who deal legally away from speculation that targets the livelihood of citizens, as well as smuggling dollars and confusing the market."
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