he central bank to take new action to stop the decline of the dinar
Tuesday 16-06-2015
Twilight News CBI / decided on Tuesday considered Saturday of each week normal working days, which means holding an auction to sell dollars and pumping more than in the domestic market in an effort to halt the decline of the dinar.
The bank said in a statement seen by Twilight News that 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.
The bank also decided to reduce the period of deposit for feeding the external accounts of banks amounts, indicating that the deposit will be reduced from ten days to five days, and as of next July.
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Tuesday 16-06-2015
Twilight News CBI / decided on Tuesday considered Saturday of each week normal working days, which means holding an auction to sell dollars and pumping more than in the domestic market in an effort to halt the decline of the dinar.
The bank said in a statement seen by Twilight News that 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.
The bank also decided to reduce the period of deposit for feeding the external accounts of banks amounts, indicating that the deposit will be reduced from ten days to five days, and as of next July.
[You must be registered and logged in to see this link.]