Parliamentary Integrity: The Central Bank failed to control the rise in the dollar exchange rate

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Parliamentary Integrity: The Central Bank failed to control the rise in the dollar exchange rate

Member of the Parliamentary Integrity Committee, Hadi Al-Salami, confirmed nowadays, Friday, the failure of the significant financial institution to govern the record of the rise within the greenback alternate price.

Al-Salami instructed dinaropinions.com “The vital bank of Iraq did not control the banks that manage the dollar report, indicating that the duties of the crucial financial institution are to reveal and supervise the banks.”

He brought, “There are violations and waste of public cash amounting to millions of bucks each day,” noting that “the critical financial institution did not manage the dollar alternate charge throughout the beyond months.”

He mentioned that “the Parliamentary Integrity Committee referred the dollar trade rate report to the judicial and regulatory authorities, stressing that the measures taken by way of the bank did now not limit the upward push that is happening in the local markets.”