Finance Committee Member: IQD will see significant improvement against international currencies during the coming period

Posted: August 31, 2013 in Iraqi Dinar/Politics
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Economic

31-08-2013 06:51 AMScreen Shot 2013-06-28 at 7.52.08 PM Baghdad (news) .. Said a member of the Finance Committee MP / coalition of Kurdish blocs / Dler able, for the assignment corporate banking and private banks accused of laundering money and smuggling currency over the past months to the judiciary for prosecution.

Said is capable (of the Agency news): that the Iraqi dinar will see a significant improvement its price vs. international currencies, especially after the resort’s central bank to correct mistakes that occurred during the last period, which led to the low exchange rate of the dinar.

Pointed to: that company mediates (banking) and private banks accused of laundering money and smuggling of foreign currency will be brought to justice for the purpose of trial and reduce repeat These phenomena, being harmful to the economy and the value of the dinar.

said: that the central bank was able to over the last period of the rescue of the Iraqi dinar from degradation and to stabilize its price, stressing that the development of the dinar is much better than before and will see an improvement over the coming period.

this Hkd saw the Iraqi dinar an unprecedented drop its price against the U.S. dollar during the past six months, as a result of the policy of the central bank at the time, and that on the track was the sacking of the central bank governor and his deputies, advisers and some general directors

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