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Iraqi banks calling for amending central bank dollar selling mechanism
May 6, 2013, 11:42 am
Demanded a number of Iraqi banks, on Monday, the central bank adjust the mechanism to sell dollars through private banks and the requirement for a visa in the passport of the applicant to buy.
The Director Commissioner of the Bank of the country's Islamic Hana al-Khafaji, told him the reporter, "news agency, Iraqi": "The banks surprised every morning the existence of long queues of people who want to buy the dollar, and the strange thing is that people all want the dollar for the purpose of trade or travel, noting It's arguments are not convincing. "
She said: "Most of the people who buy the dollar are the truth 'recruits' by other people for a few commissions, compared to Go dollars they buy to the destinations you want to take advantage of them and currency controls as you want."
She explained that "banks addressed the central bank need to modify the mechanism of dollar selling by private banks and the requirement for a visa in the passport or form of the Ministry of Commerce, or at least the identity of trade for the purpose of buying the dollar, but this has not yet achieved any of these proposals, and remained only a passport travel when the citizen. "
She stressed that: "the continued sale of the dollar according to the current mechanism, in which the danger to citizens who gather in the hundreds to buy the dollar in terms of security as well as the dangers of development because the basis of masses of citizens should be devoted to the production and work, not to stand in queues waiting to the difference between the price of the dollar in the banks and the market."
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May 6, 2013, 11:42 am
Demanded a number of Iraqi banks, on Monday, the central bank adjust the mechanism to sell dollars through private banks and the requirement for a visa in the passport of the applicant to buy.
The Director Commissioner of the Bank of the country's Islamic Hana al-Khafaji, told him the reporter, "news agency, Iraqi": "The banks surprised every morning the existence of long queues of people who want to buy the dollar, and the strange thing is that people all want the dollar for the purpose of trade or travel, noting It's arguments are not convincing. "
She said: "Most of the people who buy the dollar are the truth 'recruits' by other people for a few commissions, compared to Go dollars they buy to the destinations you want to take advantage of them and currency controls as you want."
She explained that "banks addressed the central bank need to modify the mechanism of dollar selling by private banks and the requirement for a visa in the passport or form of the Ministry of Commerce, or at least the identity of trade for the purpose of buying the dollar, but this has not yet achieved any of these proposals, and remained only a passport travel when the citizen. "
She stressed that: "the continued sale of the dollar according to the current mechanism, in which the danger to citizens who gather in the hundreds to buy the dollar in terms of security as well as the dangers of development because the basis of masses of citizens should be devoted to the production and work, not to stand in queues waiting to the difference between the price of the dollar in the banks and the market."
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