The Legislative leader of the National Bank of Iraq, Ali Al-Alaq, reported today, Wednesday, that all moves are liable to examining, while at the same time demonstrating that the decrease in oil costs doesn’t have anything to do with the ascent in return rates.
“The Central Bank provides the dollar at the official price to all commercial and personal channels, travelers, and all types of operations that represent legitimate activities, operations, and requests,” Al-Alaq told the official agency.
He brought up that “any cost external the nation is a value that just shows the presence of unusual tasks that endeavor to escape the authority and general set of laws and the right principal channels,” focusing on the need to “center around how much deals did by the National Bank at the authority cost and those mentioning the dollar, whether they are brokers, merchants, people, or voyagers.”
He brought up that “strategies have been set up for each channel that guarantee the arrangement of the dollar from one viewpoint, and an extremely huge level of oversight to check the respectability of the earlier tasks before they are executed,” taking note of that “this is a significant change in unfamiliar exchange activities, as they were beforehand evaluated at a later stage, and today all move tasks are not done or carried out besides subsequent to being exposed to the reviewing system.”
He made sense of that “the decrease in the cost of oil doesn’t have anything to do with the ascent in the conversion standard since Iraq has unfamiliar cash saves that empower it to guard the swapping scale.”
