Central bank: dollar exchange rate is stable and we expect to sell control of the
Central bank: dollar exchange rate is stable and we expect to sell control of the
28/5/2015 eleven forty-seven a.m.
Long-Presse / Baghdad
Denied the Iraqi Central Bank, on Thursday, there is fluctuation in the price of dollar remittances, and pointed out that there is a lack of stability in the cash dollar exchange rate, and with reason attributed to the increased demand for it, anticipate the success of its procedures in order to control the sale.
He said the central bank’s management board member Majid picture in an interview with the (long-Presse), said that “the existing volatility in the cash price of the dollar due to the reason demand for the dollar either from the public or traders,” stressing “the absence of any fluctuation in the price of remittances.”
Suri said that “the Bank and for the control of cash sales, has taken a number of decisions, including increased sales of US dollars in cash to cover the demand for the dollar and for the alleviation of oscillations in the present time,” expected “the success of these measures during the next term.”
Suri and pointed out that “by securing demand any When you are equality between supply and demand, prices will stabilize and practically cover the demand,” but he also said, “but we do not hide that there might be other factors play a role in the instability of the cash dollar exchange global Kalzerov price political and security conditions. ”
The Central Bank of Iraq, on Tuesday (19 May 2015), the launch of a trillion dinars for private banks to finance small and medium enterprises loans, and increase the share of dollar sales for banking companies and foreign transfers, and the development of measures to to address the lack of liquidity in some banks.
The Central Bank of Iraq, revealed in (the 19th of March 2015), the presence of a number of private banks lagging in its work during the last term, while attributing it to non-payment of dues of contractors and clients as a result of “lack of liquidity”, vowed to dealers funds with banks Civil lagging through the legal reserve.
almadapress.com
