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ecided to CBI, Sunday, exclusion of private banks with less capital of about 250 billion dinars from participating in its daily auction, as pointed out that some of the decisions of exclusion "pots and are not permanent." said Central Bank Governor Abdul-Basit Turki told a news briefing that "the bank has ruled out a number of Iraqi banks and less capital from 250 billion dinars from the currency auction conducted by the day, "noting that" the number of these banks, which have been excluded currently not to exceed five banks. " said Turki that "some banks began to invite the public to raise capital," asserting that "Some banks have been excluded as I am not the decision permanent." and established the Iraqi Central Bank as a bank independent under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions daily for buying and selling currencies. * 7 *
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