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Central Bank announces sale 200 billion dinars Khawwalat of the Treasury
17/04/2013 - 12:41
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Alsumaria News / Baghdad
Central Bank of Iraq, on Wednesday, on the sale of 200 billion dinars Khawwalat safe, pointing out that the three banks won remittances الاصدارية. , the bank said in a statement received "Alsumaria News," a copy of it, that "the Bank conducted a public auction at its meeting of 82 for sale remittances treasury during the 91-day and $ 200 billion dinars, "adding that" it was whole sale الاصدارية and at a discount amounted to 4.80%. " the bank said "the participants in the auction included three banks," asserting that "all of these banks won this الاصدارية through tenders competitive. " It is noteworthy that the central bank is as a financial agent of the Treasury Department auctions remittances Treasury Government of Iraq on behalf of the Ministry of Finance, which will according to the determinants of the law of the annual budget by issuing money orders treasury for the purposes of government funding. mentions that the Central Bank as an independent institution under its law issued on the sixth of March of the year 2004, as an independent body which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and management of foreign reserves and the issuance of currency management, as well as to regulate the banking sector to promote financial system competitive and independent, the Bank conducts daily sessions for the sale and purchase of foreign currency except holidays.
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