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Parliament: the central bank seeks to balance the dinar against the dollar
On: Sat 07/01/2012 6:42
□ Baghdad / follow-term economic
, member of the Finance Committee of Parliament Abdul-Hussein al-Yasiri that the central bank follows the serious steps to maintain the balance of the dinar and the dollar through the auction in the bank by selling the dollar against the dinar, and so have taken over the operation without interference effects.
He Yasiri according to the Agency (news): In order to maintain the Iraqi dinar in the market for non-interference must be the work of the Central Bank to increase reserves and this makes the local economy to the rest of the SOBER. He called for not interfering with the bank in order to achieve reserves of high-and strengthen the Iraqi dinar in the market.
It is noteworthy that the conditions of foreign exchange reserves are subject to including the outcome of the oil licensing rounds, which will hopefully be lifted and Iraq's imports of Finance and central bank policy depends on maintaining the stability of the currency exchange rate.
to that concluded with the Iraqi Central Bank its last meeting of the DIFC Week for buying and selling foreign currency and the dollar increase in the level of sales of Atarely 279 million and 100 thousand dollars after closing fourth its down to 248 million and 305 thousand dollars and the price of a stable demand reached 1170 dinars per dollar.
The Office Media of the bank in the Bulletin got "news agency Uzmatk", a copy of that total sales of the bank were distributed between $ 13 million MM shot the bank for cash at a stable exchange rate was 1183 dinars per dollar, including transactions with the bank amounting to 13 dinars per dollar.
and amounts transferred out of the country were 266 million and 100 thousand dollars paid by the bank in cash and at a stable conversion was 1183 dinars per dollar, including transactions with the bank amounting to 13 dinars per dollar.
The number of banks contribute to the auction 25 banks, note that the Central Bank shall receive a commission of $ (13) dinars per dollar with a deduction (
dinars per dollar on amounts purchased. and the Iraqi central bank held five meetings during the week of financial support for buying and selling foreign currency and the dollar.
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