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Iraqi Economy: Transparency Association carry instructions issued by the Central Bank of Iraq responsible for what happened to the value of the currency decline
5/5/2015
Baghdad -modh News February 8: carried Transparency Association in a report today the guidelines issued by the Central Bank of the numbered 3 to 9 to 26 for the year 2015 responsibility for what happened to the currency value of the decline and the association said in its report today that some private banks complicit with senior staff at the bank Central pushed inventory transactions known as auctions a limited number of banks that receive special care and associated staff senior in the central bank's interests her is that doubling the duration of the assets in dollars Report should and submit them to be fifteen days instead of a week as it was in the previous Association said FAQ which is supposed to begin
implementation in 22 of the current months has created confusion in the foreign exchange markets, where the price of the dinar in 1210 to the dollar before the issuance of instructions and then rose a week ago to up to 1222 and was in some cases in 1257 to the dollar, and warned the Association in its report of the preference given to three banks complicit merely acting banking and the credit acting also does not provide any services away from what achieved enormous interests in the business of banking just enjoying favoring a number of senior officials at the central bank and indicated Association in its report that the value of the Iraqi dinar candidate for further decline, which Emasineks negatively on food and basic prices and the impact on the standard of living of the Iraqi people and called on the Governor of the Central Bank of Iraq to take the bold decision corrected the instructions issued by the bank and re things to what they used to be, warning at the same time the dominance of some bankers on the capabilities of the Iraqi currency across spoiling receivables senior staff within the bank The association said at the conclusion of its report that things can be resolved on the spot a bold decision and one of the Governor of the Central Bank of Iraq
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5/5/2015
Baghdad -modh News February 8: carried Transparency Association in a report today the guidelines issued by the Central Bank of the numbered 3 to 9 to 26 for the year 2015 responsibility for what happened to the currency value of the decline and the association said in its report today that some private banks complicit with senior staff at the bank Central pushed inventory transactions known as auctions a limited number of banks that receive special care and associated staff senior in the central bank's interests her is that doubling the duration of the assets in dollars Report should and submit them to be fifteen days instead of a week as it was in the previous Association said FAQ which is supposed to begin
implementation in 22 of the current months has created confusion in the foreign exchange markets, where the price of the dinar in 1210 to the dollar before the issuance of instructions and then rose a week ago to up to 1222 and was in some cases in 1257 to the dollar, and warned the Association in its report of the preference given to three banks complicit merely acting banking and the credit acting also does not provide any services away from what achieved enormous interests in the business of banking just enjoying favoring a number of senior officials at the central bank and indicated Association in its report that the value of the Iraqi dinar candidate for further decline, which Emasineks negatively on food and basic prices and the impact on the standard of living of the Iraqi people and called on the Governor of the Central Bank of Iraq to take the bold decision corrected the instructions issued by the bank and re things to what they used to be, warning at the same time the dominance of some bankers on the capabilities of the Iraqi currency across spoiling receivables senior staff within the bank The association said at the conclusion of its report that things can be resolved on the spot a bold decision and one of the Governor of the Central Bank of Iraq
[You must be registered and logged in to see this link.]
