Iraqi Dinar 123 News: – Chenkali Majid, the MP of Kurdistan Alliance said that there are mafias inside the Iraqi central bank structure which is operating the U.S dollar exchange rate in the local market and it is a major factor behind the rise in the U.S dollar exchange rate against the Iraqi dinar.
He further said that the Iraqi government should speed up their work for the development in the Iraqi banking and Industrial sectors, especially when there is an unexpected rise in the U.S dollar exchange rate against the Iraqi dinar in these days. He also added that there is an organized mafia which is operating from inside the Iraqi Central Bank. He said that the Investment Act would help to attract the International companies to participate in the Iraqi infrastructure development. Most of the economists believe that the rise in the U.S dollar is artificial and created by the rumors and speculators. The Iraqi dinar exchange rate is now 1166 Iraqi dinars per U.S dollar at the Iraqi Central Bank.