Central defends the procedures followed in the auction currency
Central defends the procedures followed in the auction currency
4-16-14
Tomorrow’s Press / BAGHDAD: The governor of the Iraqi Central Bank Abdel Basset Turki, Wednesday, that the lengthy discussions took place between Iraq and the IMF and the World Bank in Washington on last instructions issued by the central bank with respect to the auction sale of foreign currency. said Abdul Basit Turki for “tomorrow Press “,” The World Bank expressed doubts about some of the paragraphs of the window from the sale of the currency in Iraq and assumed by the central bank, “pointing out that” he was to clarify all of those items for each of the World Bank and the International Monetary Fund and representatives of the U.S. Treasury Department. ” and added that “the recent results to sell the currency proved the success of the procedures, as well as achieving economic results acceptable was the stability of the exchange rate of the currency and provide currency for banks smoothly and without any crises. ” and stressed that “discussions are still ongoing with the U.S. Treasury Department about the activation of financial relations between Washington and Baghdad.”
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