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Central parliamentary Finance demanding facilitating the sale of hard currency
02/10/2013 | (Voice of Iraq) - Add a comment -
Baghdad / follow-term student member of the Finance Committee MP / National Alliance / Amin Hadi Abbas, the central bank to ease procedures for the sale of hard currency for companies to mediate to stop the monopoly of some companies on the procurement process. Abbas said the Agency news: there are companies still in control of the process buy hard currency from the central bank because of the restrictions of the bank's management to companies broker to increase its capital. added: that the central bank demands to facilitate procedures sale of hard currency and segmentation process capital increase for companies to mediate so there are no practical monopoly by some companies and banks as it was in the bank management Central earlier. continued: these companies when controlling the procurement process in bank auction will provide receipts and fake to grab the largest amount of foreign currency. has announced the CBI for extension of the period to increase capital for companies to mediate in the sale and purchase of foreign currencies to 31 from December through this year to be the last date for the extension. was the Iraqi Central Bank has decided to increase the capital of the exchange companies existing and operating in the market and companies under formation to 500 million dinars end of this year and the central bank is not obliged to grant any concessions to begin work starting from 2 / 1/2013.
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02/10/2013 | (Voice of Iraq) - Add a comment -
Baghdad / follow-term student member of the Finance Committee MP / National Alliance / Amin Hadi Abbas, the central bank to ease procedures for the sale of hard currency for companies to mediate to stop the monopoly of some companies on the procurement process. Abbas said the Agency news: there are companies still in control of the process buy hard currency from the central bank because of the restrictions of the bank's management to companies broker to increase its capital. added: that the central bank demands to facilitate procedures sale of hard currency and segmentation process capital increase for companies to mediate so there are no practical monopoly by some companies and banks as it was in the bank management Central earlier. continued: these companies when controlling the procurement process in bank auction will provide receipts and fake to grab the largest amount of foreign currency. has announced the CBI for extension of the period to increase capital for companies to mediate in the sale and purchase of foreign currencies to 31 from December through this year to be the last date for the extension. was the Iraqi Central Bank has decided to increase the capital of the exchange companies existing and operating in the market and companies under formation to 500 million dinars end of this year and the central bank is not obliged to grant any concessions to begin work starting from 2 / 1/2013.
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