CBI: There is a common position with the banks to maintain the exchange rate stability

and government banks to maintain the exchange rate stability in the country.

The Governor of CBI , Ali al-Alaq said in a joint press conference with the President of banks Union , Wadee Hanthal that "there is a united stand between us and the banks in the steps and putting ways of understanding to maintain stability for the price."

Ali added that "the general trend of CBI is to simplify procedures in buying and selling the currency", but he also said that "this does not mean that the Bank becomes a substitute for the failure and the shortage which may happen sometimes."