Central bank’s measures to sell hard currency, although it restricted but useful
MP Abdul Ameer al-Mayahi: the central bank’s measures to sell hard currency, although it restricted but useful
Date: 02/17/2013 11:30:33 Sunday
Baghdad (news) .. Said a member of the Finance Committee MP / National Alliance / AMEER Mayahi, that the central bank’s measures to sell hard currency to banks and banking companies difficult but at the same time useful because they limit the money laundering operations.
Said Mayahi (of the Agency news): The Central Bank has instructed and certain regulations concerning the work of banks and companies to mediate, especially in the sale of hard currency, although it is action difficult and restricted, but the latter is useful in terms of control of the sales process and maintain the stability of the dinar exchange rate.
He added: that the current situation that the country is going through requires that there be strict measures and severe control on the sale and purchase of foreign currency as well as financial transfers.
This has complained of a number of banks and banking companies of the actions taken by the Central Bank regarding the sale of hard currency in the auction. / End / 8. N. P /