Finance parliamentary: high exchange rates of the dollar against the dinar currency behind the drain
- and babysit - attributed member of the parliamentary Finance
Committee Haitham Jubouri reasons for the high exchange rates of the
dollar against the Iraqi dinar currency to the drain by some private
banks, which owns companies for the currency converter.
said in a press statement that "price-fixing remittances equivalent to
two to three times the real price example, if the price of Item five $ 5
it up in the hawala to $ 20 sold amount of the surplus is $ 15 to the
black market and that is what is reflected on the currency dramatically"
He explained, "There are serious attempts to take control of
this issue through open letters of credit, and that there is a deterrent
measures for banks, which has legal problems with respect to currency
and this is what actually dish where they were deprived a number of
banks in the currency auction bids at the central bank."
"that these measures applied for a short time and it is hoped that
identifies the results within a week or two weeks" ... p / i
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