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The central bank acknowledges that its procedures to reduce the price of the dollar is not enough and is expected to decline in the future
6/17/2015
Tomorrow Press / Baghdad: Iraqi Central Bank acknowledged, Wednesday, that the procedures to cut hair of the dollar against the dinar does not Tvki unless it is supported, expected to reduce the dollar
He said the Council of the Iraqi Central Bank board member Majid picture for "tomorrow Press", "The central bank measures to maintain the dinar strengthened against the dollar alone is not enough, it must concerted all efforts to regulate the trade and stop the abuses at border crossing points (land, air and sea), including the Kurdistan region outlets. "
He added that the picture "for your fight against economic crime have an important role at this stage, it should do the other and in a real and actual extent of up to prosecute speculators either traders or exchange companies and financial hawala or even banks."
He said the picture that "there are beneficiaries of the rise in the dollar exchange rate and they are some of the politicians, and these are a threat to the Iraqi economy unless it is excluded", noting that "the dollar will drop its price in front of the dinar during the next few days by the recent actions of the Central Bank, which will support the dinar and the market in the same time. "
Furthermore, he said the Parliamentary Finance Committee member Haitham al-Jubouri for "tomorrow Press," that "the government directed the central bank to increase Showing the dollar in the markets, and monitor the exchange companies and financial transfer," noting that "from Such directives lead to support applications to buy dollars by companies, merchants and banks. "
Jubouri said that "the banks and the Central Bank they meet the secretariats of the tax and customs of each request submitted by eight percent, what form the main reason rising dollar, not to mention the decline in state revenues from the dollar, which come from sales of crude oil."
The Central Bank of Iraq, decided on Tuesday, Saturday officially regarded as durable, banks to meet the need of the currency, noting that it reduced the duration of the special deposit amounts from ten to five days.
And we saw the dollar exchange rate rose steadily in the local markets, from about 1200 dinars to the dollar, the beginning of the current 2015 to 1400 dinars currently
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6/17/2015
Tomorrow Press / Baghdad: Iraqi Central Bank acknowledged, Wednesday, that the procedures to cut hair of the dollar against the dinar does not Tvki unless it is supported, expected to reduce the dollar
He said the Council of the Iraqi Central Bank board member Majid picture for "tomorrow Press", "The central bank measures to maintain the dinar strengthened against the dollar alone is not enough, it must concerted all efforts to regulate the trade and stop the abuses at border crossing points (land, air and sea), including the Kurdistan region outlets. "
He added that the picture "for your fight against economic crime have an important role at this stage, it should do the other and in a real and actual extent of up to prosecute speculators either traders or exchange companies and financial hawala or even banks."
He said the picture that "there are beneficiaries of the rise in the dollar exchange rate and they are some of the politicians, and these are a threat to the Iraqi economy unless it is excluded", noting that "the dollar will drop its price in front of the dinar during the next few days by the recent actions of the Central Bank, which will support the dinar and the market in the same time. "
Furthermore, he said the Parliamentary Finance Committee member Haitham al-Jubouri for "tomorrow Press," that "the government directed the central bank to increase Showing the dollar in the markets, and monitor the exchange companies and financial transfer," noting that "from Such directives lead to support applications to buy dollars by companies, merchants and banks. "
Jubouri said that "the banks and the Central Bank they meet the secretariats of the tax and customs of each request submitted by eight percent, what form the main reason rising dollar, not to mention the decline in state revenues from the dollar, which come from sales of crude oil."
The Central Bank of Iraq, decided on Tuesday, Saturday officially regarded as durable, banks to meet the need of the currency, noting that it reduced the duration of the special deposit amounts from ten to five days.
And we saw the dollar exchange rate rose steadily in the local markets, from about 1200 dinars to the dollar, the beginning of the current 2015 to 1400 dinars currently
[You must be registered and logged in to see this link.]
