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Mayahi: Exclude banks from buying the currency market will turn to the banking offices
Saturday, February 8, 2014 23:24
BAGHDAD / Baghdadi News / .. Mayahi demanded the Central Bank on Saturday, not to convert to banks through banking offices to prevent them from entering the market to buy the currency only after placing the entire money in the bank.
He Mayahi in a statement received / Baghdadi News / copy of it: "The central bank's decision after allowing banks to enter the market to buy the currency, but the condition put their money in full the bank is the decision surprising and Anjad where any economic feasibility could be of benefit in the short and long run ".
"The banks are the investor an important and vital role in Iraq and the lies they have a responsibility in supporting development projects by moving the capital in the domestic market, which gives more incentive for investors to competition and the development of style, including raising the efficiency of the market and investment alike."
"The handcuff banks such restrictions and prevent them from moving their money in the market and freeze in the coffers of the Central Bank rather than Bank support to those banks with cash to stimulate their work is something strange and Anjad where any benefit to the economy and will shed Bdilalha negative impact on the overall situation and make those banks like the offices of banking work is the only Currency Converter no more. "
He called Mayahi the central bank to "reconsider this decision and to allow banks to retain a significant portion of their money in the market because we desperately need in this period to any working capital in the internal market to serve the economy and the wheel of development in the new Iraq." Ended
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Saturday, February 8, 2014 23:24
BAGHDAD / Baghdadi News / .. Mayahi demanded the Central Bank on Saturday, not to convert to banks through banking offices to prevent them from entering the market to buy the currency only after placing the entire money in the bank.
He Mayahi in a statement received / Baghdadi News / copy of it: "The central bank's decision after allowing banks to enter the market to buy the currency, but the condition put their money in full the bank is the decision surprising and Anjad where any economic feasibility could be of benefit in the short and long run ".
"The banks are the investor an important and vital role in Iraq and the lies they have a responsibility in supporting development projects by moving the capital in the domestic market, which gives more incentive for investors to competition and the development of style, including raising the efficiency of the market and investment alike."
"The handcuff banks such restrictions and prevent them from moving their money in the market and freeze in the coffers of the Central Bank rather than Bank support to those banks with cash to stimulate their work is something strange and Anjad where any benefit to the economy and will shed Bdilalha negative impact on the overall situation and make those banks like the offices of banking work is the only Currency Converter no more. "
He called Mayahi the central bank to "reconsider this decision and to allow banks to retain a significant portion of their money in the market because we desperately need in this period to any working capital in the internal market to serve the economy and the wheel of development in the new Iraq." Ended
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