Parliamentary financial ply News: government wants to increase the central bank sales over 75 million dollars

Wednesday 18 February 2015
| 10:05





Year's budget law in 2015 identified in one of the paragraphs of the Central Bank of Iraq sells $ 75 million per day in order to control the currency auction on the one hand and repel money laundering operations on the other hand


Parliamentary Finance Committee reported, Wednesday, that the government wants to increase the sale of dollar rates in the currency auction at the Central Bank to more than $ 75 million per day, to keep the dinar exchange rate of the dollar.

He said the Commission decision of Hama Rashid Ahmed told the "Qurtas News" "The year's budget law in 2015 identified in one of the paragraphs of the Central Bank of Iraq sells $ 75 million per day in order to control the currency auction on the one hand and repel money laundering operations on the other hand."

He added that "this decision impact on the market but it will not last long because of the actions to be taken by the central bank."

He said, "There are claims increased bank sales of dollars to more than $ 75 million per day if it is 100 to 125 million dollars per day, to reduce the price of the dollar against the dinar."

He pointed out that "the Commission will consider those requests and decide in a timely manner."

He called his flesh, "the central bank to accelerate the activation of serious action to control the outlets selling the dollar and prevent this currency manipulators and take precautionary measures against violators and punitive."


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