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Banking companies claim not to exploit the economic situation to win
5/17/2015 0:00
BAGHDAD
called for economic researcher Maha Ihsan thanked banking companies and financial conversion to show more humanity towards the public and not to exploit the situation which is going through the country and profit from the crisis when the sale of hard currency.
She thanked in a statement the "morning" that a number of owners of banking companies Financial and conversion were exploiting the situation and seize the opportunities to make gains on the citizen in need account to buy dollars to stroll things Awaldrash treatment abroad.
and saw the need for the central bank to tighten the noose on the monopolists of those companies measures supervisory strict which would relieve the burden on the citizen economic conditions because the central sales Cash dollar customized for the purposes specified in his instructions that do not, including sales for trade and import and covering remittances and credits.
She said that some companies and banks include the equivalent of customs duties and income tax in their sales of dollars in non-import transactions caused the revaluation of the exchange rate to buy dollars for travel or the study treatment.
She explained that this process led to the rise at the exchange rate note that the central bank sells the official rate reason to take tough measures to limit the benefit crises traders at the expense of the citizen and the circumstances of the country alike.
It noted that the central bank is responsible for maintaining stability in the price exchange and all banking companies and financial transfer and banks should abide by Dwabth and instructions to ensure that the withdrawal of the vacation dollar selling license to the public and take care not to expose accounting or sanctions in case of any violation of the Central instructions.
The statement of the bank for central said earlier: that the sale of the dollar cash plus him the proportion of 8 percent, which included the sale of banking companies and the conversion of current and banks price is a clear violation of the instructions in the nature of the sales price and download the needy citizens of the dollar an additional burden is not justified.
He hinted the bank in his statement that he will be forced to stop selling the currency to banks and companies offense may also be forced to open selling directly to the public in order to prevent the exploitation of outlets.
The dollar exchange rate has risen, after the adoption of the current year budget last January, to 1130 dinars to the dollar after the settled selling price for two years between 1120 and 1122 dinars to the dollar because of Article 50 of the budget which committed Law The central bank sold $ 75 million a day at a time when the market absorbed about twice the amount of what led to this rise in the exchange rate.
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5/17/2015 0:00
BAGHDAD
called for economic researcher Maha Ihsan thanked banking companies and financial conversion to show more humanity towards the public and not to exploit the situation which is going through the country and profit from the crisis when the sale of hard currency.
She thanked in a statement the "morning" that a number of owners of banking companies Financial and conversion were exploiting the situation and seize the opportunities to make gains on the citizen in need account to buy dollars to stroll things Awaldrash treatment abroad.
and saw the need for the central bank to tighten the noose on the monopolists of those companies measures supervisory strict which would relieve the burden on the citizen economic conditions because the central sales Cash dollar customized for the purposes specified in his instructions that do not, including sales for trade and import and covering remittances and credits.
She said that some companies and banks include the equivalent of customs duties and income tax in their sales of dollars in non-import transactions caused the revaluation of the exchange rate to buy dollars for travel or the study treatment.
She explained that this process led to the rise at the exchange rate note that the central bank sells the official rate reason to take tough measures to limit the benefit crises traders at the expense of the citizen and the circumstances of the country alike.
It noted that the central bank is responsible for maintaining stability in the price exchange and all banking companies and financial transfer and banks should abide by Dwabth and instructions to ensure that the withdrawal of the vacation dollar selling license to the public and take care not to expose accounting or sanctions in case of any violation of the Central instructions.
The statement of the bank for central said earlier: that the sale of the dollar cash plus him the proportion of 8 percent, which included the sale of banking companies and the conversion of current and banks price is a clear violation of the instructions in the nature of the sales price and download the needy citizens of the dollar an additional burden is not justified.
He hinted the bank in his statement that he will be forced to stop selling the currency to banks and companies offense may also be forced to open selling directly to the public in order to prevent the exploitation of outlets.
The dollar exchange rate has risen, after the adoption of the current year budget last January, to 1130 dinars to the dollar after the settled selling price for two years between 1120 and 1122 dinars to the dollar because of Article 50 of the budget which committed Law The central bank sold $ 75 million a day at a time when the market absorbed about twice the amount of what led to this rise in the exchange rate.
[You must be registered and logged in to see this link.]
