Finance: the increase in central bank sales of the dollar does not affect its cash reserves

Member parliamentary Finance: the increase in central bank sales of the dollar does not affect its cash reserves

19-07-2013 12:49 PM

Finance: the increase in central bank sales of the dollar does not affect its cash reservesBaghdad (news) .. Ruled out a member of the Finance Committee MP / National Alliance / Amin Hadi Abbas, influenced by increase in sales of the Central Bank of the dollar in the auction on the monetary reserves of hard currency, stressing that the bank has no fixed roof of the sale, but selling by the actual need of the market. Abbas said (of the Agency news): The policy of the Iraqi Central Bank on the sale of hard currency has no fixed roof of daily sales, but according to the market needs of both traders Aoualemredy Aoualemsavrin to the dollar. said: that most of the private banks to take over a large proportion of sales of the bank, and this is due to the lack of absorption The new policy adopted by the central bank about buying and selling, noting that the central bank is not responsible for it. Between: The Ministry of Finance is supposed them to open bank branches governmental organizations in all towns and villages in various governorates in order to deliver the dollar to all citizens, and in order not to get the monopoly of foreign currency to hand without the other. was Iraq’s central bank announced an increase in sales of hard currency in its daily auction during the past few days. / End / 8. g. / mm

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