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**************** Central Bank decides to take the necessary measures to boost liquidity in the banking system and simplify the selling currency measures

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****************   Central Bank decides to take the necessary measures to boost liquidity in the banking system and simplify the selling currency measures Empty **************** Central Bank decides to take the necessary measures to boost liquidity in the banking system and simplify the selling currency measures

Post  Admin Sun Jan 25, 2015 9:11 am

Editor Mustafa Saad - Sunday January 25, 2015 16:18



Alsumaria News / Baghdad


Iraqi Central Bank decided, Sunday, to take the necessary measures to boost liquidity in the banking system and simplify the sale of foreign currency procedures to facilitate the stability of the market and the exchange rate.

The central bank said in a statement received "Alsumaria News", "The House of the Iraqi Central Bank management discussed the extraordinary Directors held today, the financial situation in Iraq and the large budget deficit. "

"The Council decided to take the necessary measures to boost liquidity in the banking system so as to enable it to perform its duties usual measures, and at the same time, the acquisition of government debt instruments so as to enhance sustainable development and job creation and prosperity."

He said the bank, that "The Council also decided to simplify the procedures for the sale of foreign currency (bank and cash) in order to facilitate the stability of the market and the exchange rate."

The Central Bank of Iraq confirmed in (January 18, 2015), that the bank reserves is one of the best reserves in the world, at a time pointed out that covers the currency and a half times, between the financial crisis that has plagued Iraq is resolved structuring the economy and diversify sources.


http://www.alsumaria.tv/news/122906/البنك-المركزي-يقرر-اتخاذ-التدابير-اللازم/ar

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Post  Admin Sun Jan 25, 2015 9:34 am

The central bank to take "Tdabira to boost liquidity" and to facilitate the sale of foreign currency measures


01/25/2015 16:52



Long-Presse / Baghdad

Central Bank of Iraq, announced on Sunday, to take the necessary measures to boost liquidity in the banking system, while decided to facilitate the procedures for the sale of foreign currency "to sustain the exchange rate,"

The central bank said in a statement received (long-Presse) a copy of it, "The House of the Iraqi Central Bank administration to convene a special session on Sunday to discuss the financial situation in Iraq and decided to take the necessary measures to boost liquidity in the banking system so that it could carry out his duties usual measures."

The bank said that "these measures will enable us to acquire government debt instruments so as to enhance sustainable development and job creation and prosperity."

He pointed to the bank in his statement that he "decided to facilitate the sale of foreign currency in cash and transfer procedures in order to facilitate the perpetuation of the market and exchange rate stability."

The Central Bank of Iraq, had announced (18/01/2015), that the financial reserves of Iraq and a half times the equivalent of twice the money supply, they returned it was "best rates" in the countries of the world, as he emphasized that Iraqi financial institutions are "unable" to cover the deficit financial, stressed the need to re-examine the structure of the budget and the tunnels and diversify sources of income and achieve investment more broadly to address the decline in oil prices.

The study estimated that the local government banks' capital reached until October of 2012, the last end, a total of 754 billion dinars, compared with more than four billion dinars for private banks, and investment balances in banks operating in Iraq recorded up to 10/31/2012, a sum nearly six billion dinars (5.947), the share of government banks which amounted to 4.929 billion, compared to 1.018 billion for private banks.

The Integrity Committee in the Iraqi Council of Representatives, has announced (18.01.2015), all near the issuance of judicial rulings against 16 banks waged on charges of forgery in the case of the Central Bank, confirmed the resolution of more than 3,000 private administrative and financial corruption case, as pointed out discussion how to develop specific criteria for tenders in the Municipality of Baghdad.


http://www.almadapress.com/ar/news/43129/البنك-المركزي-يتخذ-تدابيرا-لدعم-الس

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Post  Admin Sun Jan 25, 2015 9:47 am

01/25/2015 16:24



Central facilitates the sale of foreign currency measures



BAGHDAD / Obelisk: CBI decided, Sunday, simplify procedures for the sale of foreign currency in order to facilitate the perpetuation of the market and exchange rate stability, and decided to take the necessary measures to boost liquidity.

Central said in a press statement received "obelisk" a copy of which, "The House of the Iraqi Central Bank management discussed, exceptional Minutes, Sunday, the financial situation in Iraq, and the large budget deficit."

He added that he "decided to take the necessary measures to boost liquidity in the banking system to allow it to perform its functions normal, and at the same time, the acquisition of government debt instruments so as to enhance sustainable development and job creation and prosperity."

He said he was "also decided to simplify the procedures for the sale of foreign currency (bank and cash) in order to facilitate the perpetuation of the market and exchange rate stability."


http://almasalah.com/ar/news/45882/المركزي-يقرر-تبسيط-اجراءات-بيع-العم

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Post  Admin Sun Jan 25, 2015 10:04 am

Central Bank decides to support liquidity in the banking system

Sunday 25 January 2015
| 17:01


Discuss the Board of the Central Bank, Sunday, the financial situation in Iraq and the large budget deficit after the drop in oil prices.


Discuss the Board of the Central Bank, Sunday, the financial situation in Iraq and the large budget deficit after the drop in oil prices.

A statement by the Board of Directors and received "Qurtas News", "The Council decided during its regular meeting, take the necessary measures to boost liquidity measures in the banking system to allow it to perform its functions normal, and at the same time, the acquisition of government debt instruments, so as to promote sustainable development and providing job opportunities and achieve prosperity." .

"The council also decided to simplify the sale of foreign currency in cash and transfer procedures, in order to facilitate the perpetuation of the market and exchange rate stability."



http://www.alqurtasnews.com/news/77035/البنك-المركزي-يقرر-دعم-السيولة-في-النظام/ar

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