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Economic parliamentary: the budget and set conditions for hard currency and reduce smuggling
Monday, March 2, 2015 11:15
Alsumaria News / Baghdad
Confirmed member of the Economic Commission parliamentary Najiba Najib, on Monday, that the general budget and set conditions for hard currency to curb smuggling, as pointed out that the Bank's new action is in line with the budget law.
She said Najib in an interview on "10 to 11" which aired "Sumerian" channel, "The budget bill for the current year 2015 included a restriction or condition within one of its articles is that to exceed sales in the bank conducted by more than $ 75 million per day auction."
She Najib said the "Bank has taken new measures to sell this currency in its daily auction," indicating that "new procedures for sale indicate that any order to buy dollars by participating in the bank auction banks should such amounts be in accordance with that documents can not be obtained only after 15 days. "
She explained Najib, that "these actions taken by the Bank is that comes in line with the budget law, in addition to the reduction of currency smuggling," asserting that "a lot of switching offices was based previously smuggling hard currency out of the country, especially with the country's need for cash to cover our commitments of the currency. "
The dollar price in the local market before the Iraqi dinar to reach 1126 sales price of the Iraqi dinar against the one after that 1120 was one of the dinar by the end of last year 2014.
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Monday, March 2, 2015 11:15
Alsumaria News / Baghdad
Confirmed member of the Economic Commission parliamentary Najiba Najib, on Monday, that the general budget and set conditions for hard currency to curb smuggling, as pointed out that the Bank's new action is in line with the budget law.
She said Najib in an interview on "10 to 11" which aired "Sumerian" channel, "The budget bill for the current year 2015 included a restriction or condition within one of its articles is that to exceed sales in the bank conducted by more than $ 75 million per day auction."
She Najib said the "Bank has taken new measures to sell this currency in its daily auction," indicating that "new procedures for sale indicate that any order to buy dollars by participating in the bank auction banks should such amounts be in accordance with that documents can not be obtained only after 15 days. "
She explained Najib, that "these actions taken by the Bank is that comes in line with the budget law, in addition to the reduction of currency smuggling," asserting that "a lot of switching offices was based previously smuggling hard currency out of the country, especially with the country's need for cash to cover our commitments of the currency. "
The dollar price in the local market before the Iraqi dinar to reach 1126 sales price of the Iraqi dinar against the one after that 1120 was one of the dinar by the end of last year 2014.
[You must be registered and logged in to see this link.]
