Central bank seeks to create a balance between supply and demand for the dollar
Member of the economy: monetary policy pursued with the central bank seeks to create a balance between supply and demand for the dollar
Date: 08/03/2013 14:07:16 Friday
Baghdad (news) .. A member of the economic and investment commission MP / National Alliance / Salman al-Moussawi, the monetary policy followed with the central bank as “good” as seeking to create a balance between supply and demand for hard currency.
Moussawi said (of the Agency news): The policy of the central bank to the sale of hard currency is supportive regulatory measures to the exchange rate of the Iraqi dinar, and requests from companies and banks adhered to in order to prevent money laundering and currency smuggling.
He added: can not be selling hard currency at the central bank auction or transfers of money abroad without controls and legal proceedings, and that these actions were tied, but at the same time helpful and supportive of the economy.
The number of owners complained companies and banks from the central bank’s measures in the public auction for the sale of hard currency, and stressed the difficulty of buying currency and converted to the outside, making there is a growing demand in the market to buy the dollar. / End / 8. N. P /