CBE shares of the banks of the dollar
CBE shares of the banks of the dollar
07/21/2012 0:00
Venom glands – Al Sabah
said the central bank determine the financial allocations of hard currency to banks across the country. The deputy governor of the Central Bank of the appearance of Mohammed Saleh, said that the central bank issued new regulations specify the amount of money in hard currency, which will be provided by banks across the country and adopted by the size of money supply, the Bank approved, as has been allocated $ 15 million daily to the banks, which owns stock financially is estimated at 250 billion BD as a minimum.
He’s (JD) has been allocated $ 12 million dollars a day for banks, which owns stock financially is estimated at 150 billion dinars at a minimum, while the allocation of $ 8 million to the banks, which owns stock financially less than 150 billion dinars.
added benefit of the bank Central issued a warning to banks with a stock low cash flow for the purpose of raising their stocks, otherwise will be deprived of the quota mentioned.
The central bank has announced that the dollar is still higher than the required level, although control of the operations sold in the auction day, revealing a new mechanism to deal with the branches international banks.
Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in an earlier statement (JD) that the dollar exchange rate on the Iraqi market is still above the required level, although the control of the Central Bank of the quantity sold from the auction day, due to some irregularities here and there, adding that speculators are still engaged in their activity in the market despite their scalable and freeze their activities through strict procedures followed by the Bank in the sale of the dollar during the last period that followed the attacks on the foreign currency strong middle of last year until earlier this year.
Source: alsabaah
