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Central Bank eliminates the Sabbath banks to meet the requests of foreign currency (DIF-Source)
The central bank decides considered Saturdays unusual business days
Tuesday June 16, 2015 14:45
Alsumaria News / Baghdad
It decided to CBI, Tuesday, considered Saturday of each week-day routine work, noting that it comes to meet the requests of banks foreign currency.
The bank said in a statement received by Alsumaria News, a copy of which he "decided to consider Saturdays of each week normal working days," noting that "this action will be effective in the day on Saturday the 20th of June the current."
The bank said that "the purpose behind it is to meet the requests of banks foreign currency."
The dollar price in the domestic market in front of the Iraqi dinar gradually to reach more than 1440 dinars to the dollar, compared to 1225 thousand dinars to the dollar during the month of February and 1,200 dinars to the dollar by the end of last year 2014.
And it established an independent Iraqi Central Bank as a bank under the law issued on the sixth of March 2004, as an independent body, is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies being sessions daily for buying and selling currencies.
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The central bank decides considered Saturdays unusual business days
Tuesday June 16, 2015 14:45
Alsumaria News / Baghdad
It decided to CBI, Tuesday, considered Saturday of each week-day routine work, noting that it comes to meet the requests of banks foreign currency.
The bank said in a statement received by Alsumaria News, a copy of which he "decided to consider Saturdays of each week normal working days," noting that "this action will be effective in the day on Saturday the 20th of June the current."
The bank said that "the purpose behind it is to meet the requests of banks foreign currency."
The dollar price in the domestic market in front of the Iraqi dinar gradually to reach more than 1440 dinars to the dollar, compared to 1225 thousand dinars to the dollar during the month of February and 1,200 dinars to the dollar by the end of last year 2014.
And it established an independent Iraqi Central Bank as a bank under the law issued on the sixth of March 2004, as an independent body, is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies being sessions daily for buying and selling currencies.
[You must be registered and logged in to see this link.]
