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Tamimi reveal low central bank reserves to 67 billion due to smuggling
29/01/2015
BAGHDAD / Source News / .. revealed the Parliamentary Finance Committee member Magda al-Tamimi, a reduction of the 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 that "the work of the bank in Iraq has become a significant risk in terms of its capital that is much larger than deposits, in addition to not exploit his money well."
She added, "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 other 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" .anthy / 19 b
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29/01/2015
BAGHDAD / Source News / .. revealed the Parliamentary Finance Committee member Magda al-Tamimi, a reduction of the 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 that "the work of the bank in Iraq has become a significant risk in terms of its capital that is much larger than deposits, in addition to not exploit his money well."
She added, "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 other 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" .anthy / 19 b
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