Home
Saleh: Auction currency at the central bank did not stop, but the mechanism Ngiller
February 25, 2015
BAGHDAD / News Network Iraq attributed the appearance of Mohammed Saleh, adviser to Prime Minister Haider al-Abadi for Economic Affairs, a CBI limited auction for the sale of currency through remittances only to prevent any process of money laundering and commercial speculation. "
He said Saleh:" The currency auction in the bank Central did not stop, but the mechanisms Ngiller became cover financing traders requests for Astiradthm of foreign currency carried out through banks namely that meet these demands because it is a legitimate and well thought out and well-known destinations applications without the need for an auction of cash. "
He added that" the action was merely regulate the mechanisms of action and did not auction stops, but the processing foreign currency through remittances and there is a section for the registration of banks cash in dollars for the purposes of travel and tourism ", stressing the deputy governor of the Central Bank of the former," the continuation of the monetary policy of the Bank and to maintain the purchasing power of the Iraqi dinar and at the same time distant trade speculation and money laundering. "
The Iraqi Central Bank funding announced today to start the application of the new system of remittances and sell the currency ", denying reports about" Stop selling the dollar operations "is noteworthy that a source familiar with the bank, said on Tuesday that" the coverage needed banking offices, community and government banks of currencies will be through money orders only, "he said."
This decision is contrary to what was stated by the budget bill for 2015 identifying the auction amounts to $ 75 million. "And the source said," the measure is part of the Bank's policy to maintain the stability of the Iraqi dinar exchange rate against the dollar has been preceded by a step to reduce the volume of sales in the auction. "
The Central Bank of Iraq sells in previous years, sums up to billions of dollars a month, but decreased significantly in the past few weeks where he sold more than $ 2.8 billion in the month of January last.
https/translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http/malware-site.www/%25D8%25A7%25D9%2582%25D8%25AA%25D8%25B5%25D8%25A7%25D8%25AF%25D9%258A%25D8%25A9/%25D8%25B5%25D8%25A7%25D9%2584%25D8%25AD%25D9%2585%25D8%25B2%25D8%25A7%25D8%25AF-%25D8%25A7%25D9%2584%25D8%25B9%25D9%2585%25D9%2584%25D8%25A9-%25D9%2581%25D9%258A-%25D8%25A7%25D9%2584%25D8%25A8%25D9%2586%25D9%2583-%25D8%25A7%25D9%2584%25D9%2585%25D8%25B1%25D9%2583%25D8%25B2%25D9%258A-%25D9%2584%25D9%2585-%25D9%258A%25D8%25AA/&usg=ALkJrhjhzPFP3kOGrjKEdLE-0yViaoUcsw
February 25, 2015
BAGHDAD / News Network Iraq attributed the appearance of Mohammed Saleh, adviser to Prime Minister Haider al-Abadi for Economic Affairs, a CBI limited auction for the sale of currency through remittances only to prevent any process of money laundering and commercial speculation. "
He said Saleh:" The currency auction in the bank Central did not stop, but the mechanisms Ngiller became cover financing traders requests for Astiradthm of foreign currency carried out through banks namely that meet these demands because it is a legitimate and well thought out and well-known destinations applications without the need for an auction of cash. "
He added that" the action was merely regulate the mechanisms of action and did not auction stops, but the processing foreign currency through remittances and there is a section for the registration of banks cash in dollars for the purposes of travel and tourism ", stressing the deputy governor of the Central Bank of the former," the continuation of the monetary policy of the Bank and to maintain the purchasing power of the Iraqi dinar and at the same time distant trade speculation and money laundering. "
The Iraqi Central Bank funding announced today to start the application of the new system of remittances and sell the currency ", denying reports about" Stop selling the dollar operations "is noteworthy that a source familiar with the bank, said on Tuesday that" the coverage needed banking offices, community and government banks of currencies will be through money orders only, "he said."
This decision is contrary to what was stated by the budget bill for 2015 identifying the auction amounts to $ 75 million. "And the source said," the measure is part of the Bank's policy to maintain the stability of the Iraqi dinar exchange rate against the dollar has been preceded by a step to reduce the volume of sales in the auction. "
The Central Bank of Iraq sells in previous years, sums up to billions of dollars a month, but decreased significantly in the past few weeks where he sold more than $ 2.8 billion in the month of January last.
https/translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http/malware-site.www/%25D8%25A7%25D9%2582%25D8%25AA%25D8%25B5%25D8%25A7%25D8%25AF%25D9%258A%25D8%25A9/%25D8%25B5%25D8%25A7%25D9%2584%25D8%25AD%25D9%2585%25D8%25B2%25D8%25A7%25D8%25AF-%25D8%25A7%25D9%2584%25D8%25B9%25D9%2585%25D9%2584%25D8%25A9-%25D9%2581%25D9%258A-%25D8%25A7%25D9%2584%25D8%25A8%25D9%2586%25D9%2583-%25D8%25A7%25D9%2584%25D9%2585%25D8%25B1%25D9%2583%25D8%25B2%25D9%258A-%25D9%2584%25D9%2585-%25D9%258A%25D8%25AA/&usg=ALkJrhjhzPFP3kOGrjKEdLE-0yViaoUcsw
