Al-Maliki: The Central Bank administration failed to contain the dollar crisis

iraq news

MP Raed al-Maliki confirmed the government and central bank’s failure to control the USD to IQD exchange rate.
During an interview with Maalouma Agency, Al-Maliki stated that the government was unsuccessful in controlling the dollar exchange rate in the recent period. He further added that this issue calls for an inquiry into the Central Bank governor and other concerned parties in the House of Representatives regarding the dollar file.
He noted that there has been an unjustified increase in the dollar exchange rate, which is negatively impacting the livelihood of Iraqi citizens.
Al-Maliki noted that the Central Bank’s dollar policy has not yet been successful.
A member of the Parliamentary Finance Committee, Muhammad Nouri, had confirmed that the Central Bank failed to control the exchange rate of the US dollar against the Iraqi dinar.


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