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Tamimi: we put a ceiling on sales of central bank reserves fell to $ 67 billion
Alsumaria News / Baghdad
Revealed the Parliamentary Finance Committee member Magda Tamimi, Wednesday, lower central bank reserves of 77 billion to $ 67 billion because of the "smuggling", while suggesting to put a ceiling on bank sales of $ 75 million a day.
Tamimi said during her program "modern home" which aired "Alsumaria TV", "The banking business in Iraq has become a big risk in terms of its capital that is much larger than deposits, in addition to not exploit his money well. "
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He added that "there is a big sales day in the currency auction up to 200 to 250 million dollars," pointing out that "the Finance Committee has taken inter measures to lower sales to $ 75 million a day. "
Tamimi They pointed out that "the central bank reserves were $ 77 billion in January 2014, but now has dropped to $ 67 billion due to smuggling."
The Central Bank of Iraq confirmed in (January 18, 2015), that the bank reserves is one of the best reserves in the world, at a time pointed out that covers the currency and a half times, between the financial crisis that has plagued Iraq is resolved structuring the economy and diversify sources.
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