Proposal of the Central Bank regarding the dollar

Proposal of the Central Bank regarding the dollar

22/04/2015

Proposal of the Central Bank regarding the dollarRoudao – Erbil Vice Kurdish suggested in of the Iraqi Council of Representatives of the Finance Committee, that the Central Bank of Iraq, equally with Baghdad, selling rate of the dollar at the official rate, past, saying: “At the very least, on the bank to sell 17% of the amount to be sold at the price The official, in the Kurdistan Region. ”

He stressed member of the parliamentary finance committee, the governor of Sarhan Slevana, in a statement to the network Roudao media, the “need for the central bank to sell the dollar at the official rate, in the Kurdistan Region evenly with Baghdad.” The governor said Sarhan to Rouda: “Bank CBI sells day more than 100 million dollars at the official rate, and estimated at (116 thousand and 600 dinars) for each $ 100, but they do not sell any percentage of them in the Kurdistan region, suggesting that “17 million sale of the $ 100 million, for the utilized Traders in the region, because it is well known that the price of $ 100 reached in the black market of 130 thousand dinars. ” The Central Bank of Iraq, Buy a day to $ 300 million at the official rate, and estimated at (116 thousand and 600 Iraqi dinars), for every US $ 100, but that the decline in the price of oil and the escalation of the financial crisis, led to the adoption of the financial budget for the current year law, the need to sell the central bank’s 75 million dollars according to the official price, and now the Central Bank of Iraq, the sale of 100 million dollars at the official rate.

rudaw.net