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Central bank: Bank intervention in the decisions affected his work
6/20/2015
BAGHDAD / Baghdadi News / ... said Governor of the Central Bank on the Keywords, on Saturday, that the Bank agreed with the Association of Iraqi banks to cut the price of the dollar, "warning of interference in his work.
Keywords and he said at a news conference with the Association of Iraqi banks and the Federation attended / Baghdadi News /, that "it was agreed with the Federation of banks to reduce the dollar exchange rate in the domestic market," warning of "interference in the affairs of the Bank will affect his work."
"The migration of capital out of Iraq is one of the reasons for the high dollar," noting that "the country needs an integrated economic model in order to maintain a fixed exchange rate."
He Keywords that "the decision of the prime minister to raise the 8% of dollar transactions are not exempt permanently imported goods", adding that "we can not accuse any party about the sudden rise of the US dollar either dinar," noting that "depriving the banks of the currency auction is not new and they occur on an ongoing basis. "
He Keywords that "the inflation rate reached 1.7% and there is an increase in oil production confirms the presence of a great visit in the dollar and there is no financial problem," explaining that "the Central Bank does not have any fears of the impact on the exchange price of the dollar."
Also he said that "the crisis cell, headed by Mr. Abadi has agreed to issue financial bonds worth $ 5 billion," adding, "Iraq's possession of foreign currency Dv value in the local market,"
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6/20/2015
BAGHDAD / Baghdadi News / ... said Governor of the Central Bank on the Keywords, on Saturday, that the Bank agreed with the Association of Iraqi banks to cut the price of the dollar, "warning of interference in his work.
Keywords and he said at a news conference with the Association of Iraqi banks and the Federation attended / Baghdadi News /, that "it was agreed with the Federation of banks to reduce the dollar exchange rate in the domestic market," warning of "interference in the affairs of the Bank will affect his work."
"The migration of capital out of Iraq is one of the reasons for the high dollar," noting that "the country needs an integrated economic model in order to maintain a fixed exchange rate."
He Keywords that "the decision of the prime minister to raise the 8% of dollar transactions are not exempt permanently imported goods", adding that "we can not accuse any party about the sudden rise of the US dollar either dinar," noting that "depriving the banks of the currency auction is not new and they occur on an ongoing basis. "
He Keywords that "the inflation rate reached 1.7% and there is an increase in oil production confirms the presence of a great visit in the dollar and there is no financial problem," explaining that "the Central Bank does not have any fears of the impact on the exchange price of the dollar."
Also he said that "the crisis cell, headed by Mr. Abadi has agreed to issue financial bonds worth $ 5 billion," adding, "Iraq's possession of foreign currency Dv value in the local market,"
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