Central bank responsible for not decrease the value of the dollar against the dinar
Member of the economy: most of the banks approved the sale of currency reserves in dollars and the rest escape to the outside because of the absence of control
Dated: 7/22/2012 10:28:20 Sunday
Baghdad (news) .. Download Member of the economy and investment MP / block Iraqi white / Aziz Mayahi, the central bank responsible for not decrease the value of the dollar against the dinar because of the absence of effective control on the process of dollar selling by banks approved, stressing that most of the banks approved the sale of hard currency reserves in dollars and sell them to citizens .
said Mayahi (of the Agency news) said on Sunday: There is financial corruption in the subject of sale of foreign currency through banks, being based on forged documents in the sales, the mismatch of reserves in dollars did not sell and the other funds are transferred to the outside den receipt of goods. He noted : that the rate of dollar selling by the Central Bank during the month of June amounted to more than (20) billion dollars, and was supposed to when you import goods from abroad, they take the customs duties of $ (5%) of the value of the goods which are deducted billion dollars to the Customs Authority, But this figure does not have to now, evidence that the funds transferred abroad go without receipt of goods (ie, operations to smuggle currency). He added that the central bank responsible for the increase in the price of the dollar against the dinar because of the lack of strict control on the process of selling the dollar and scrutiny of documents held by during which the sale. and see the dollar exchange rate increased significantly against the dinar during recent times. has allowed the Central Bank’s (25) private banks to sell the dollar according to certain controls, and gives each bank a week million and (250) thousand dollars at the (1179) and sold to citizens at (1189) that the ratio of profit for banks (10) dinars to create a balance between the amount of currency offered and size of the growing demand to maintain the value of the dinar against the dollar, while it is still the exchange rate ranges between (1240-1250) dinars per dollar. / ended / 8. d. Q /