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Print new currency of 50 and 100 thousand dinars categories
May 5, 2015
Rasheed Bank in line with the central bank to engage in the sale of foreign currency
Baghdad
Rasheed Bank announced near practiced Activity auction of foreign currency in order to strengthen the Iraqi dinar against the dollar, while stressing a member of the economic and investment commission parliamentary Charter Hamidi, the bank printed new financial category worth fifty thousand dinars.
She said Hamdi in a statement that "the economic and investment commission parliamentary hosted Governor of the Central Bank of Iraq on the Keywords, and discussed for the provision of liquidity and increase demand for the dollar issues as well as the disparity in the exchange rate. "
said Hamidi that "Keywords stressed that the process of handling these things, where they will be printed new financial category worth fifty thousand dinars," indicating that "the bank for printing percent category thousand dinars to a later time."
She Hamidi that "the central bank can not delete the zeros because of the current situation and the unstable Iraqi economy", calling on the central bank to "increase revenue that will be supplied cash and process the difficult liquidity and that ease the burden on the citizen. "
said the governor of the bank on the Keywords in 3 of last March, said the project to delete the zeros existing project has been put into practice and we gave the green light to start with, "adding that" the project needs a period of time may extend to two years
or more. Çá
said an official at the bank source said in a statement singled out by the (statement): the Rasheed Bank will begin soon to practice the activity of foreign agreement currency auction with the Central Bank in order to strengthen the Iraqi dinar against the dollar, indicating that the bank agreed with the Central Bank identifies 300 companies to engage in this activity after counting and the exclusion of Almtlkah companies.
The source added that engage in foreign currency sale in a way public auction will contribute to the decline of the dollar and the rise in the value of the Iraqi dinar.
and for granting production car loans source stressed that the bank will soon announce the granting of loans to car production up to 30 million to ensure sponsors and Mazad about it amount of real estate collateral. Indicating that the interest rate will be determined by the amount and type as the bank continues to grant soft loans for small businesses to help the citizens to establish small projects provide a source of livelihood for them, such as repair shops and others.
The source added that the bank continues to grant loans to retirees and couples new and widows as well as the granting of soft loans to small enterprises to help citizens to establish small projects provide a source of livelihood for them, such as repair shops and others.
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May 5, 2015
Rasheed Bank in line with the central bank to engage in the sale of foreign currency
Baghdad
Rasheed Bank announced near practiced Activity auction of foreign currency in order to strengthen the Iraqi dinar against the dollar, while stressing a member of the economic and investment commission parliamentary Charter Hamidi, the bank printed new financial category worth fifty thousand dinars.
She said Hamdi in a statement that "the economic and investment commission parliamentary hosted Governor of the Central Bank of Iraq on the Keywords, and discussed for the provision of liquidity and increase demand for the dollar issues as well as the disparity in the exchange rate. "
said Hamidi that "Keywords stressed that the process of handling these things, where they will be printed new financial category worth fifty thousand dinars," indicating that "the bank for printing percent category thousand dinars to a later time."
She Hamidi that "the central bank can not delete the zeros because of the current situation and the unstable Iraqi economy", calling on the central bank to "increase revenue that will be supplied cash and process the difficult liquidity and that ease the burden on the citizen. "
said the governor of the bank on the Keywords in 3 of last March, said the project to delete the zeros existing project has been put into practice and we gave the green light to start with, "adding that" the project needs a period of time may extend to two years
or more. Çá
said an official at the bank source said in a statement singled out by the (statement): the Rasheed Bank will begin soon to practice the activity of foreign agreement currency auction with the Central Bank in order to strengthen the Iraqi dinar against the dollar, indicating that the bank agreed with the Central Bank identifies 300 companies to engage in this activity after counting and the exclusion of Almtlkah companies.
The source added that engage in foreign currency sale in a way public auction will contribute to the decline of the dollar and the rise in the value of the Iraqi dinar.
and for granting production car loans source stressed that the bank will soon announce the granting of loans to car production up to 30 million to ensure sponsors and Mazad about it amount of real estate collateral. Indicating that the interest rate will be determined by the amount and type as the bank continues to grant soft loans for small businesses to help the citizens to establish small projects provide a source of livelihood for them, such as repair shops and others.
The source added that the bank continues to grant loans to retirees and couples new and widows as well as the granting of soft loans to small enterprises to help citizens to establish small projects provide a source of livelihood for them, such as repair shops and others.
[You must be registered and logged in to see this link.]
