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Parliamentary Finance criticize the work of the central bank in maintaining the value of the dinar
January 23, 2016
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Our economy / Baghdad
Parliamentary Finance Committee criticized the performance of the Iraqi Central Bank and not to follow a deflationary policy would raise the value of the Iraqi dinar against the dollar.
He said the parliamentary finance committee member Sarhan Ahmad said in a statement seen by the agency of our economy news that the central bank does not follow the political deflationary through his province on the price of the Iraqi dinar, revealing that the government does not know why he did not follow the central bank's policy lead to a strengthening of the Iraqi dinar against the dollar.
Sarhan said, there was "no political deflationary followed by the central bank in its dealings with the Iraqi currency," adding that "the central bank policy is known to all attributing the cause to be an independent nothing to do with deflation and inflation."
He said the central bank Ahmed axis of the economy in Iraq, attributing the cause to its ability to grant power of the Iraqi dinar by displaying large amounts of the dollar, leading to a decline in the dollar price rises In contrast, the price of the Iraqi dinar.
And MP Ahmed Sarhan central bank to follow to give the power of the Iraqi dinar policy which positively affect the current financial crisis.
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Parliamentary Finance criticize the work of the central bank in maintaining the value of the dinar
January 23, 2016
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A man examines Banknotes of the US dollar in Hanoi on 12 August 2015. Photo: Nguyen Hue ore - Reuters
[ltr]Our economy / Baghdad
Parliamentary Finance Committee criticized the performance of the Iraqi Central Bank and not to follow a deflationary policy would raise the value of the Iraqi dinar against the dollar.
He said the parliamentary finance committee member Sarhan Ahmad said in a statement seen by the agency of our economy news that the central bank does not follow the political deflationary through his province on the price of the Iraqi dinar, revealing that the government does not know why he did not follow the central bank's policy lead to a strengthening of the Iraqi dinar against the dollar.
Sarhan said, there was "no political deflationary followed by the central bank in its dealings with the Iraqi currency," adding that "the central bank policy is known to all attributing the cause to be an independent nothing to do with deflation and inflation."
He said the central bank Ahmed axis of the economy in Iraq, attributing the cause to its ability to grant power of the Iraqi dinar by displaying large amounts of the dollar, leading to a decline in the dollar price rises In contrast, the price of the Iraqi dinar.
And MP Ahmed Sarhan central bank to follow to give the power of the Iraqi dinar policy which positively affect the current financial crisis.
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