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Day: July 10, 2019

Major Corruption found in the Currency Auction Window at CBI

Major Corruption found in the Currency Auction Window at CBI

A member of the Iraqi Parliamentary mini-committee on budget follow-up, Abdul Hadi Al-Saadawi issued a statement that the currency auction isn’t under the control of the Central Bank of Iraq, although the closing sells 150-200 million U.S dollars on a daily basis. The press statement of Al-Saadawi has indicated that there are problems and irregularities recorded on the sale of the currency by the Central Bank as well as the currency exchange rate, which is often moving and unstable in…

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