Central Bank of Iraq Governor's Resignation
Central Bank Governor's Resignation: Admission of Failure or Escape from the Repercussions of the Financial Crisis?
link to My FX Buddies Blog
The Governor of the Central Bank of Iraq, Ali Al-Alaq, submitted a request to relieve him of his post to Prime Minister Mohammed Al-Sudani, amid a series of issues and problems in the financial and banking sector in Iraq, which include the failure to control the dollar exchange rate on the black market.
An informed source revealed to Al-Mustaqilla today, Tuesday, that Al-Alaq decided to submit his resignation after facing multiple problems in the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.