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Currency Auction
3/1/2015
Auction mission ended currency now years after the launch, and despite all the rumors of him as a way to smuggle money Augusalha the positive effects were fastened and made it possible to maintain the stability of exchange rates and their impact on inflation and prices for more than two years.
However, the follower of the orientations of the central bank Aljdedeh are dealing with groping goals in scalable damage and provide additional resources for the Treasury to organize tax settling accounts in the light, but there are questions to be answered satisfactorily and clarifications important benefit economic analyst in the process of evaluating the central performance in this aspect and determine the effects of the new measures and comparison between the advantages and disadvantages on monetary policy, Advantaged these questions is Mamkdar impact of this mechanism on the money supply if Astmralaml Article 50 of the Budget Law in determining the central bank restricted to the amount of supply of the dollar?.
Clear that the new mechanism of the Central Bank that it has not been canceled auction currency but came with new mechanisms believed to limit the potential disposition of dollars in addition to subdue import to direct taxes and deducted in advance in order to achieve revenue for the Treasury These goals are important certainly to rearrange and banking regulation.
Another important question is to what extent the fate of the perpetuation of foreign currency in the local market display, it is true that the instruction set share functional Ivadat Is this enough to walk the money supply? How will the central bank with the fluctuation of exchange rates for the benefit of the highs and its impact on the value of the dinar, clarification is required for public inspection in order to act with the market and enable the citizen to face rises at the exchange rate, especially given that the country lacks a market analysis centers in the stock market and even in the Ministry of Planning and Finance, and even Centers the private sector, it is missing. From useful to show the new mechanism, where the central bank to send money to correspondent banks that deal with the Iraqi private banks to cover Akiem imports own after subjected to tax charge for the advance, this mechanism to avoid banks, money laundering, because banks discreet messaging laws prevented from they occur so measures would the central bank successful and worthwhile .baka on the central bank sustain its continuance and listen to the questions of private banks on the new mechanism while ensuring the safety of their application, eight banks would distance itself from all previous accusations about the auction, but the difference they will need to banking services offset auction profits which required to activate the role.
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3/1/2015
Auction mission ended currency now years after the launch, and despite all the rumors of him as a way to smuggle money Augusalha the positive effects were fastened and made it possible to maintain the stability of exchange rates and their impact on inflation and prices for more than two years.
However, the follower of the orientations of the central bank Aljdedeh are dealing with groping goals in scalable damage and provide additional resources for the Treasury to organize tax settling accounts in the light, but there are questions to be answered satisfactorily and clarifications important benefit economic analyst in the process of evaluating the central performance in this aspect and determine the effects of the new measures and comparison between the advantages and disadvantages on monetary policy, Advantaged these questions is Mamkdar impact of this mechanism on the money supply if Astmralaml Article 50 of the Budget Law in determining the central bank restricted to the amount of supply of the dollar?.
Clear that the new mechanism of the Central Bank that it has not been canceled auction currency but came with new mechanisms believed to limit the potential disposition of dollars in addition to subdue import to direct taxes and deducted in advance in order to achieve revenue for the Treasury These goals are important certainly to rearrange and banking regulation.
Another important question is to what extent the fate of the perpetuation of foreign currency in the local market display, it is true that the instruction set share functional Ivadat Is this enough to walk the money supply? How will the central bank with the fluctuation of exchange rates for the benefit of the highs and its impact on the value of the dinar, clarification is required for public inspection in order to act with the market and enable the citizen to face rises at the exchange rate, especially given that the country lacks a market analysis centers in the stock market and even in the Ministry of Planning and Finance, and even Centers the private sector, it is missing. From useful to show the new mechanism, where the central bank to send money to correspondent banks that deal with the Iraqi private banks to cover Akiem imports own after subjected to tax charge for the advance, this mechanism to avoid banks, money laundering, because banks discreet messaging laws prevented from they occur so measures would the central bank successful and worthwhile .baka on the central bank sustain its continuance and listen to the questions of private banks on the new mechanism while ensuring the safety of their application, eight banks would distance itself from all previous accusations about the auction, but the difference they will need to banking services offset auction profits which required to activate the role.
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