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Thursday 24 May 2012
Central Bank: The teams we have reduced the dinar exchange rate to 4%, and we seek to raise the value of
Author: HM Editor: HAH | GS Thursday 24 May 2012 10:15 GMT
Deputy Governor of the Central Bank of the appearance of Mohammed Saleh
Sumerian News / Baghdad
Central Bank of Iraq, Thursday, the reduction of teams dinar exchange rate to 4% after it was 7%, while assuring that the process of raising its value in the Iraqi market and to make one dollar equal to 1000 dinars. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in an interview for "Alsumaria News" "The Bank was able to reduce the difference between the sale price of the dollar in the auction conducted by a day and between the price of the dollar in the market to 4% after it has reached more than 7% during the last period," asserting that the Bank "seeks to reduce the difference to 2%, which is the difference the natural in the world and accepted in the difference of price. " Saleh added that "the Bank is working to make the dollar worth 1000 dinars," adding that "seeks to raise the exchange rate of the dinar in the coming period and proportional to the strength of the economy especially that Iraq will lead the energy market in the world for years to come. " Saleh said that "the bank reserves and the government is a powerful force huge financial and therefore, these reserves and the strength of the dinar should be aligned with the positive developments in the Iraqi economy," adding that "what we are witnessing the rise in the price dollar in the Iraqi market is a bubble soon we will eliminate them Busaúlna including open ports dollar selling by the Rafidain and Rasheed. " The Central Bank of Iraq announced, in (21 May 2012) from direct Rafidain and Rasheed to sell the dollar for the citizens at 1189 dinars per dollar, He pointed out that the move was intended to benefit the Iraqi citizens directly from the exchange away from the monopoly exercised by the other. had already confirmed the central bank (April 25, 2012), it seeks the next few days to cancel the auction conducted by a day and convert it to a bank, government or commercial the other, stressing that the policy of the bank falls in maintaining the exchange rate and the fight against money laundering and not to finance the trade of other countries. revealed the CBI, in (January 6, 2012), a rise in foreign currency reserves to 60 billion dollars, for the first time in the history of Iraq, after having recorded the beginning of September of the year 2011, up precautions amounted to $ 58 billion after the $ 50 billion year-end 2010. The Central Bank of Iraq holds daily sessions for buying and selling foreign currencies with Iraqi banks, except for public holidays on which depends the Bank for these auctions, and sales are either cash, or in the form of money orders sold out for a commission of certain.
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Central Bank: The teams we have reduced the dinar exchange rate to 4%, and we seek to raise the value of
Author: HM Editor: HAH | GS Thursday 24 May 2012 10:15 GMT
Deputy Governor of the Central Bank of the appearance of Mohammed Saleh
Sumerian News / Baghdad
Central Bank of Iraq, Thursday, the reduction of teams dinar exchange rate to 4% after it was 7%, while assuring that the process of raising its value in the Iraqi market and to make one dollar equal to 1000 dinars. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in an interview for "Alsumaria News" "The Bank was able to reduce the difference between the sale price of the dollar in the auction conducted by a day and between the price of the dollar in the market to 4% after it has reached more than 7% during the last period," asserting that the Bank "seeks to reduce the difference to 2%, which is the difference the natural in the world and accepted in the difference of price. " Saleh added that "the Bank is working to make the dollar worth 1000 dinars," adding that "seeks to raise the exchange rate of the dinar in the coming period and proportional to the strength of the economy especially that Iraq will lead the energy market in the world for years to come. " Saleh said that "the bank reserves and the government is a powerful force huge financial and therefore, these reserves and the strength of the dinar should be aligned with the positive developments in the Iraqi economy," adding that "what we are witnessing the rise in the price dollar in the Iraqi market is a bubble soon we will eliminate them Busaúlna including open ports dollar selling by the Rafidain and Rasheed. " The Central Bank of Iraq announced, in (21 May 2012) from direct Rafidain and Rasheed to sell the dollar for the citizens at 1189 dinars per dollar, He pointed out that the move was intended to benefit the Iraqi citizens directly from the exchange away from the monopoly exercised by the other. had already confirmed the central bank (April 25, 2012), it seeks the next few days to cancel the auction conducted by a day and convert it to a bank, government or commercial the other, stressing that the policy of the bank falls in maintaining the exchange rate and the fight against money laundering and not to finance the trade of other countries. revealed the CBI, in (January 6, 2012), a rise in foreign currency reserves to 60 billion dollars, for the first time in the history of Iraq, after having recorded the beginning of September of the year 2011, up precautions amounted to $ 58 billion after the $ 50 billion year-end 2010. The Central Bank of Iraq holds daily sessions for buying and selling foreign currencies with Iraqi banks, except for public holidays on which depends the Bank for these auctions, and sales are either cash, or in the form of money orders sold out for a commission of certain.
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Last edited by helend on Thu May 24, 2012 7:48 pm; edited 1 time in total
