CBI denies stop selling hard currency

CBI denies stop selling hard currency

04/02/2012 17:32

para, dolar, money

Baghdad, February 4 (Rn) – Iraqi Central Bank denied Saturday to reports by some media-borne officials of local firms to banking it off the sale of hard currency as a measure to protect the Iraqi economy by what exposed region of the political crisis.Noting that it took a global action to determine the beneficiaries.saw the price of the dollar relative to local currency increased during the past few days which is attributed by officials of companies banking local to stop the central bank sales of foreign currency. and picked up local media for widening the sale of hard currency to Iranian businessmen on the ports border, especially in the province of Maysan, which unless confirmed by the CBI. Deputy Governor of Bank of the appearance of Mohammed, told the Kurdish news agency (Rn) that “the Central Bank of Iraq did not stop the sale of hard currency and announced engage in rumors (…) there is a window sales are open, and sales is part of our job to intervene in maintaining the stability of the currency. ” and explained that “the central bank has asked to be forerunners of the auction official party and disclose the information beneficiaries are they people and Humayun M are real,” noting that the bank “Request to possess any person who provides for the purchase of the dollar account neighbor instrument certified guns and a copy of the instrument certified. ” and the Deputy Governor of the Bank to “Bank procedures is a universal rule and fall under the Banking Supervision.” and works the Iraqi Central Bank in accordance with Law No. 56 of 2004, and held five meetings a week in the daily auction public for the sale of foreign currency. The main tasks of the Bank to maintain price stability, and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking sector. From: Haider Ibrahim. Open: Murtaza Yousuf
https://www.aknews.com/ar/aknews/2/288133/