Shammari commends the decision to impose conditions on the banks to buy the currency
Shammari commends the decision to impose conditions on the banks to buy the currency
02/14/2014 18:49
Follow-up – and babysit – praised the coalition member National MP Kadhim al-Shammari, on Friday, the CBI procedures impose special conditions on banks entering the market to buy the currency, and considered correct procedures and will lead to the stability of the currency and reduce the influence of speculators.
Al-Shammari said in a statement received news agency public opinion (and babysit) a copy of it, that “speculators and weak banks began to talk about the high price of the dollar against the local currency due to the central bank to compel banks put their balances at the central bank as a condition for entering the market to buy the currency, is the reaction of the unexpected to force the central bank to reverse his decision, “stressing that” the central bank made properly and will have positive returns on the national economy. ”
He added that “a central bank would end the influence of speculators and banks is discreet, which tasked the market and make it hostage Bnzoathm,” pointing out that “these actions will increase the effectiveness of powerful banks and serves the local economy.”
Shammari stressed “the need to support action on the central bank to prevent the re-currency traders who are causing fluctuations in market prices and make a living on the crisis in order to raise their assets, which was built on the backs of the poor.” X / Y
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