Central bank sells more than 300 billion dollars since 2003
Central bank sells more than 300 billion dollars since 2003
06/10/2014 14:53
Tomorrow’s Press / Baghdad: official source in the Iraqi Central Bank, on Monday, the bank sold since the end of 2003 until the month of September more than 300 billion dollars, Mtmona that the Iraqi dinar stable.
The source told “tomorrow’s Press,” said that “the Iraqi Central Bank aims through selling of the dollar to maintain the stability of the Iraqi dinar and not confrontation with the dollar and create a state of great disparity in prices in order to prevent deterioration of the economy and the stability of the market.”
The source, who requested anonymity, that “since the founding of the currency auction since 2003 began dinar Ihvaz stable compared with the exchange rate of the dollar by pumping large amounts of dollars into the market by buyers who have expanded to include banking companies as well as government and private banks as well as for bank transfers. ”
The source continued that “the central bank sold the dollar to buyers directly or through remittance since Bidya this year until Eul 35 billion and 418.504 million dollars, while sold since 10/04/2003 day until the month of September of this year, 316 billion and 391 991 950 dollars. ”
The source pointed out that “the situation of the Iraqi dinar in the light of recent decisions of the Central Bank of Iraq and a good and stable as well as the situations he was not affected by the security taking place in some areas of the country.”
alghadpress.com
