Breaking news: Central Bank agrees to cover bank accounts outside of Iraq to the dollar
Breaking news: Central Bank agrees to cover bank accounts outside of Iraq to the dollar
01/02/2015 11:44 GMT
Agencies – the Central Bank of Iraq, announced his agreement to cover bank accounts outside the country in dollars to cover imports, pointing to the formation of a committee to reconsider the restructuring benefits.
The bank said in a statement released today, and received reports of public opinion (and babysit) a copy of it, on Sunday he was “in line with our responsibilities in supporting the development and stimulate the Iraqi economy has been taking a number of decisions, including, approval to do to cover bank accounts abroad to the US dollar to cover imports of customers and for other purposes without the need for passage of a window selling currency at the central bank, “he said, adding that he” will take control over those processes within the mechanism simple and transparent. ”
He added that the bank “has approved the appointment of a representative of the private banks in the Central Bank, in addition to speed up legislation Deposit Insurance Act.”
The statement pointed out that “the recommendation to the government to accept the state’s institutions of instruments issued by private banks, and also the receipt of taxes and fees in favor of the government,” explaining that “it was forming a committee to reconsider the structure of benefits, including expanding the credit and liquidity provision.”
alrayy.com
