Central decides to increase the share of dollar sales for banking companies and foreign transfers

Central decides to increase the share of dollar sales for banking companies and foreign transfers

05/20/2015 08:38 GMT

Central decides to increase the share of dollar sales for banking companies and foreign transfersFollow-up – and babysit – Iraqi Central Bank decided to increase the share of dollar sales for banking companies and foreign transfers, pointing to put action to address the situation of some private banks and cash-strapped.
The bank said in a statement that he “decided by the Board of Directors’ Meeting of the Central Bank, on Tuesday, increasing the share of dollar sales for banking companies and foreign transfers and reducing the length of time for the implementation of foreign remittances.”

The bank added that it “also decided to put the necessary measures to remedy the situation of some private banks and experiencing a shortage of liquidity in order to ensure treatment of their positions.”

The Governor of the Central Bank on the Keywords announced in the third from last March that “the new regulations set by the Bank is that the auction is no longer a daily window of operations for the sale of currency auctions,” adding that “new mechanisms developed to sell this currency, especially that of its functions to provide currency for trade Foreign “.

alrayy.com