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New procedures for the Iraqi Central Bank to keep track of customers dollar
02.06.2012 0:00
Baghdad / Iraq's future
Began the Iraqi Central Bank this week, the application of new measures over the sales of the dollar, according to the confirmed high-ranking official in the bank, which led to a significant reduction in the rates of selling currency. The decision comes amid suspicions of Iraqi officials on attempts traders Iranian and Syrian purchase of hard currency that because of Sanctions imposed on both Iran and Syria fall in the value of local currency in these two neighboring countries of Iraq.
Deputy Governor of Central Bank of Iraq, the appearance of the benefit that "the Bank begins on the first of the month of February the application instructions of new regulatory states to know the bank who wants to get on the dollar for his customers, who asked him to buy the currency. Saleh added that "customers the bank to prove ownership of personal accounts in which money and to have the base of actual information in the bank in addition to fixed income." He said, that the reason behind these measures is due to "a lot of buyers hiding behind other people, ie, that of the Order is not a real person. "was rejected in favor linking this decision carries the burden of sanctions on Iran - Syria, said that" 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 " .
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