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Expert (time): the procedure to prevent leakage of the dollar to terrorismCommends the National impose conditions on banks that intend to buy currency
BAGHDAD - Shaima Adel
The economist said Manaf right that the measures taken by the central bank imposes conditions on the banks to enter the currency auction is designed to control and lack of hard currency and falling into Iyad fund terrorism.
He told the (time) yesterday that the (measures taken by the central bank on the entry of banks into currency auction does not affect the exchange rate, a guarantee for the performance of private banks as the hard currency taken from the central No one knows where you are priced for this are the procedures for the purpose of accounting banks if they enter the auction To know where to settle foreign currency, especially since rumors recently that it leak to third parties supportive of terrorism under the names of fictitious contracts and do not know the trends and goals).
He said (no dollars go out of the country can not be recovered, but the oil and that's what working on the regional countries and the Gulf offload hard currency from Iraq and destroy its economy and make it a consumer does not strengthen the weak development of the same petroleum-based only).
He explained that the right (these measures provide guarantees for the banking business because the exchange rate equation exhibition of supply and demand and lead to the stability of the exchange rate).
He pointed out that (banks objected to the restrictive measures and promised to work and the like banking offices civil).
For his part, praised the coalition of national procedures for the Iraqi Central Bank to impose conditions on the banks to enter the market to buy the currency, and promise to correct and will lead to the stability of the currency and reduce the influence of speculators.
The MP said the coalition Kadhim al-Shammari said in a statement yesterday that (speculators and weak banks started to talk about the high price of the dollar against the local currency due to the Bank by requiring banks put their assets in the Central Bank as a condition for entering the market to buy the currency, is the reaction expected to force the bank to undo his decision).
He said (to hold the bank properly and will have positive returns on the national economy and end the influence of speculators and banks is discreet, which tasked the market and make it hostage Bnzoathm).
He said that Al-Shammari (these measures will increase the effectiveness of powerful banks and serves the local economy).
Stressing (the need to support the bank's measures to prevent re-currency traders who are causing volatile market prices and make a living on the crisis in order to raise their assets, which was built on the shoulders of the poor).
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BAGHDAD - Shaima Adel
The economist said Manaf right that the measures taken by the central bank imposes conditions on the banks to enter the currency auction is designed to control and lack of hard currency and falling into Iyad fund terrorism.
He told the (time) yesterday that the (measures taken by the central bank on the entry of banks into currency auction does not affect the exchange rate, a guarantee for the performance of private banks as the hard currency taken from the central No one knows where you are priced for this are the procedures for the purpose of accounting banks if they enter the auction To know where to settle foreign currency, especially since rumors recently that it leak to third parties supportive of terrorism under the names of fictitious contracts and do not know the trends and goals).
He said (no dollars go out of the country can not be recovered, but the oil and that's what working on the regional countries and the Gulf offload hard currency from Iraq and destroy its economy and make it a consumer does not strengthen the weak development of the same petroleum-based only).
He explained that the right (these measures provide guarantees for the banking business because the exchange rate equation exhibition of supply and demand and lead to the stability of the exchange rate).
He pointed out that (banks objected to the restrictive measures and promised to work and the like banking offices civil).
For his part, praised the coalition of national procedures for the Iraqi Central Bank to impose conditions on the banks to enter the market to buy the currency, and promise to correct and will lead to the stability of the currency and reduce the influence of speculators.
The MP said the coalition Kadhim al-Shammari said in a statement yesterday that (speculators and weak banks started to talk about the high price of the dollar against the local currency due to the Bank by requiring banks put their assets in the Central Bank as a condition for entering the market to buy the currency, is the reaction expected to force the bank to undo his decision).
He said (to hold the bank properly and will have positive returns on the national economy and end the influence of speculators and banks is discreet, which tasked the market and make it hostage Bnzoathm).
He said that Al-Shammari (these measures will increase the effectiveness of powerful banks and serves the local economy).
Stressing (the need to support the bank's measures to prevent re-currency traders who are causing volatile market prices and make a living on the crisis in order to raise their assets, which was built on the shoulders of the poor).
[You must be registered and logged in to see this link.]
