Nijaifi, Acting Head of CBI discuss controlling exchange rate

Baghdad (IraqiNews.com) The parliament Speaker, Osama al-Nijaifi, discussed with the Acting Head of the Central Bank of Iraq, Abdul Basit Turki, the means of controlling the exchange rate and the actions against the violating banks.

A statement by Nijaifi’s office received by IraqiNews.com cited “Nijaifi and Turki discussed the means of reducing the effects of the banking policies and transferring them to the judiciary.”

“Nijaifi expressed the readiness of the parliament to support the CBI and its current administration to control the exchange rate and serve the citizens,” the statement added, noting that “The two sides have also discussed the procedures that the CBI will follow after relieving Iraq from the Seventh Chapter of the UN’s Charter and lifting the US protection to the Iraqi funds.”

“Nijaifi called to form a committee to follow up the procedures of the indebtedness of the Iraqi funds after lifting the US protection to the Iraqi funds,” the statement concluded.