Keywords: dollar auction is important to maintain the stability of the dinar

Keywords: dollar auction is important to maintain the stability of the dinar and does not constitute a waste of public money

Wrote: February 28, 2016

Keywords - dollar auction is important to maintain the stability of the dinarThe governor of the Iraqi Central Bank on the Keywords, the importance of an auction of foreign currency sale to maintain the stability of the dinar exchange rate and that it “does not constitute a waste of public money or smuggling him,” warning that “restrictions on the sale of the foreign operation,” noting that it “will lead to the lifting of dollar exchange rate against the dinar. ”

He said the central bank governor said in a statement that “the banks that granted the license recently will not enter sell the currency effect only after years and the investigation of the practice and commercial banking, real,” pointing out that “the Central Bank is obliged to grant Muaqath to open new banks as long as it achieved the necessary conditions and guarantees ”

Keywords saw, that “the presence of more than fifty banks in Iraq, a large number,” calling for “the integration of the private banks to reduce their number in proportion to the actual need.”

altaghier.tv