The governor of the Central Bank presents to parliament a plan to control dollar exchange rates

• Time : 2023/01/30 12:01:12
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{Economic: Al-Furat News} The Governor of the Central Bank of Iraq, Ali Al-Alaq, presented a plan on controlling dollar exchange rates.

This came during his meeting with First Deputy Speaker of the House of Representatives Mohsen Al-Mindlawi, and the latter stressed the need for the return of financial stability – especially the dollar exchange rate – to Iraqi markets soon and stressed the need to “adherence to legal procedures for financial transfers, and protect the Iraqi economy from previous violations.”

Al-Mandalawi stressed, “the need to apply international procedures, follow up transfers and the work of private banks and banking companies, and prosecute all abuses in accordance with the Iraqi laws in force in application of the obligations of the Central Bank of Iraq.”

The First Vice President listened to an extensive explanation of the relationship to the financial and control plan that the Central Bank of Iraq will work on, to control dollar exchange rates, prevent financial speculation, and follow up on suspicious purchases of hard currency, which is intended to harm the national economy.

https://alforatnews.iq/news/محافظ-البنك-المركزي-يعرض-على-البرلمان-خطة%C2%A0لضبط-أسعار-صرف-الدولار

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