Follow up-keep- addressed the Economic Committee in the Iraqi Parliament formally Central Bank, to stop selling the dollar auction. Committee Chairman Ahmed Al-alwani, the Committee addressed the Central Bank to stop selling the dollar auction until instructed determines who has the right to deal with hard currency, to ensure non-diversion to outside Iraq.
He said officials at the Central Bank of Iraq confirmed that they are now in the process of establishing a new mechanism for participating in bids to buy the dollar, and how the dollar and foreign currency, and we shall follow this topic first to preserve Iraq's cash reserve.
Al-alwani, noted that the smuggling of currency has a negative impact on the Iraqi economy, bad, affect the reserve currency, dinar against the dollar, it also has serious political dimensions. He explained that Iran suffers from bad economic situation because of international sanctions.
They are trying by any means to compensate the damage, particularly with regard to currency, and does not have a port other than Iraq, being a strong influence by square at the political, economic and even security. He continued: so they are trying to fill its deficit, even if there is damage on Iraq, this cannot be accepted, and will stand in all of Iraq from trying to dump currency and will not compromise on the country's wealth for the interests of others. Iran had after the United States and Europe imposed economic sanctions to buy hard currency from neighboring countries, most recently Iraq, its openness without censorship or political or economic security, according to observers.