Tamimi: Determine the ceiling of the central bank sales
Tamimi: Determine the ceiling of the central bank sales
Posted, 29/01/2015 22:24
BAGHDAD / Obelisk: revealed the Parliamentary Finance Committee member Magda Tamimi, on Wednesday, lower central bank reserves of 77 billion to $ 67 billion because of the “smuggling”, while suggesting to put a ceiling on bank sales of $ 75 million a day.
Tamimi said during a television program, “The banking business in Iraq is in great danger as its capital is much larger than deposits, in addition to not exploit his money well.”
She added that “there is a big sales day in the currency auction up to 200 to 250 million dollars,” pointing out that “the Finance Committee has taken other measures to lower sales to $ 75 million a day.”
Tamimi They pointed out that “the central bank reserves were $ 77 billion in January 2014, but now has dropped to $ 67 billion due to smuggling.”
The Central Bank of Iraq confirmed in (January 18, 2015), that the bank reserves is one of the best reserves in the world, at a time pointed out that covers the currency and a half times, between the financial crisis that has plagued Iraq is resolved structuring the economy and diversify sources.
almasalah.com
