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[size=46]Parliamentary Finance: Reducing the price of the dollar is linked to the participation of banks in the currency auction[/size]
Economie
13:19 - 2023-01-29
[You must be registered and logged in to see this image.]13:19 - 2023-01-29
The Finance Committee in the House of Representatives called for taking the necessary measures with banks that refrain from participating in the currency auction in order to evade presenting real and not forged bills.
Committee member Jamal Cougar said that the return of the dollar to its official price is linked to the commitment of the banks participating in the currency auction with the Central Bank of Iraq to the electronic platform.
Cougar added that the central bank should also adhere to the international system called SWIFT, which is also an electronic platform.
He pointed out that this is considered the only way to reach the stability of the dollar and its return to the price adopted by the government, and it has been fixed according to official statements in the current year’s budget that has not yet reached the House of Representatives.
And a member of the Parliamentary Finance Committee stated that the government should have a position with banks that do not participate in the currency auction currently, pointing out that all banks were participating before taking measures related to the electronic platform.
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