Home
Deny the central stop selling hard currency
Date: Monday 02/06/2012 6:50
Baghdad / term follow-up
seemed the central bank this week, the application of new measures over the sales of the dollar. While at the same time denied reports by some media and transmitted stop it selling hard currency as a measure to protect the national economy due to the exposed region of the political crisis. The deputy governor of the Central Bank of the appearance of favor, told AFP: "We started on the first of February, the application of new regulatory instructions stating that the bank knows who wants to get on the dollar customers who had asked him to buy the currency."
Saleh added that the customers bank to prove ownership of personal accounts in which money and have a base of actual information in the bank in addition to fixed income. "Saleh explained that the reason behind these actions goes back to that" a lot of buyers hiding behind other people, ie, that of the Order is not a real person. "and refused to favor linking this decision carries the burden of sanctions on Iran and Syria, he said," The regional factors are important and especially workers Syria and Iran, because there is overlap trade between these countries as well as Turkey and Saudi Arabia, the Gulf. "He said that Iraq has witnessed in the recent" gift in demand on the dollar. "" When we saw that there is extra demand amid the complexities of regional, we want to check more in sales and the nature of the customers. "and caused these measures in a significant decrease rates of dollar selling in the auction, hosted by the Central Bank every week between Sunday and Thursday. Saleh said that he "In the first day we started the implementation of these measures we sold three million dollars only," after the rates of sale of the currency during the last three months, "about $ 200 million in one day." The figures published on the Central Bank, which has according to the benefit of reserves from the dollar about $ 60 billion, said sales of the dollar on Thursday amounted to about four million dollars. It is noteworthy that the rate of dollar sales in 2010 was roughly $ 100 million a day. to that denied the central bank reports by some media-borne officials of local companies Banking it off for the sale of hard currency as a measure to protect the national economy by what exposed region of the political crisis. noting that it took a global action to determine the beneficiaries. Deputy Governor of Bank of the appearance of Mohammed, according to (Rn) that the central bank did not stop the sale of hard currency and announced by engaging in rumors and there sales window open, and the sale is part of our intervention in maintaining the stability of the currency. " He added that "the central bank has asked to be forerunners of the auction official party and disclose the information beneficiaries the most important people and Humayun M are real," noting that the bank "Request to possess any person who provides for the purchase of dollar current account and an instrument certified driven and a copy of the instrument certified." And the benefit that the actions of the bank is a universal rule and fall under the Banking Supervision. "And works according to the Central Bank Law No. 56 of 2004, and held five meetings a week in the daily auction for the public sale of foreign currency.
[You must be registered and logged in to see this link.]
