Parliamentary calls to change the governor of the Central Bank and hold him responsible for the deterioration of the dinar, 24 SEPT

 Parliamentary calls to change the governor of the Central Bank and hold him responsible for the deterioration of the dinar

9-23-2023

Parliamentary calls to change the governor of the Central Bank and hold him responsible for the deterioration of the dinarInformation/Baghdad..

On Saturday, MP Ahmed Majeed Al-Sharmani called for changing the Governor of the Central Bank, Ali Al-Alaq, and holding him responsible for the deterioration of the Iraqi dinar.

Al-Sharmani said in an interview with the Maalouma Agency, “Changing the governor of the Central Bank has become an urgent necessity,” noting that “the Central Bank has increased the harm on the citizen’s shoulders.”

He added that “the conflict in selling currency on the black market and parallel markets caused the Iraqi dinar to decline against the dollar,” pointing out that “there are fundamental errors that accompanied the work of the central bank.”

Al-Sharmani pointed out that “the House of Representatives demands its moral and constitutional responsibility and work to correct the mistakes of the Central Bank.”

Economic affairs researcher Muhammad Al-Saadi criticized the continued rise in the dollar exchange rate in the parallel market, attributing this to the presence of many speculators and financial mafias working to monopolize the markets and exchange companies with the aim of controlling the foreign currency.

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