Baghdad: Iraq News Network – The parliamentary Finance Committee that the Iraqi dinar stable, stressing that the central bank has to manages to improve the situation of the Iraqi dinar against other currencies.
Said committee member MP Hassan al-Bayati told the journalists, “the Iraqi dinar is not in its right and true, and the CBI to take appropriate measures to improve and put in front of the other currencies. ”
He said the Attorney-Bayati, “there was a difference in the exchange rate between the central bank and the market, stressing that the latter is determined by the price.”
The Committee on the economy and investment representative had carried earlier in the central bank responsible for the fluctuation of the price of the Iraqi dinar against other currencies, on the grounds he was directly responsible for monetary policy in the country.
Declared the Iraqi Central Bank late last month to buy 36 tonnes of gold, returned it represents monetary policy check the stability of the exchange rate of the dinar against other currencies. to the International Monetary Fund was announced in December 2012, that Iraq had boosted its gold reserves to reach more than 31 tons, after he bought the additional quantities.
The price of the Iraqi dinar against the U.S. dollar for the day Monday, 1166 for the sale or purchase it in 1164.