***** Central Bank eliminates the Sabbath banks to meet the requests of foreign currency

06/16/2015 15:02

Tomorrow Press / Baghdad: Iraqi Central Bank announced on Tuesday, the abolition of the Sabbath to meet the requests of banks foreign currency, noting that he had decided to reduce the filing period for amounts for feeding the external accounts of banks from 10 to 5 days.

The central bank said in a press statement received by "tomorrow Press," that he "considered Saturdays decided to normal working days to meet the requests of banks and foreign currency with effect from 06.20.2015."

"We also decided to reduce the filing period for amounts for feeding the external accounts of banks from 10 days to five days, and from the first of next July."


http://alghadpress.com/ar/news/32389/البنك-المركزي-يلغي-عطلة-السبت-لتلبي

The central bank decided on Saturday officially considered durable and reduces the period for deposit amounts


Author: ASJ, BS, HA
Editor: BS, HA
06/16/2015 14:51



Long-Presse / Baghdad

Iraqi Central Bank decided, on Tuesday, on Saturday officially considered durable, and attributed the reason to meet the need of banks and currency, while noting to reduce the period for deposit amounts from ten days to five.

The bank said in a statement received (range Press), that "the Central Bank's management decided that the normal work on Saturday, in response to the need to requests from the banks of the currency as of June 20 this."

The statement added that "the bank also decided to reduce the amount of the deposit period for feeding the external accounts of banks from ten days to five considerations of the first month of next July."

The Finance Committee in the Iraqi Council of Representatives, promised on Monday that many of the question marks are raised on the outcome of the Iraqi Central Bank action to stop the deterioration of the value of the dinar against the dollar, while the economic and investment commission parliamentary felt that many of the economic crisis solution is to amend that law Bank including believes in its independence from the government, and carry Bankers "abuse" the central bank responsibility for a stronger dollar, despite the latter denied this and accused them of responsibility and speculators, and vowing to "dissuasive" measures

The local market is witnessing a steady rise daily to the dollar exchange rate against the dinar, the impact on the movement and reflected negatively on citizens, particularly low-income.


http://www.almadapress.com/ar/news/50212/البنك-المركزي-يقرر-اعتبار-يوم-السبت

The central bank decides considered Saturdays unusual business days
Tuesday June 16, 2015 14:45


Alsumaria News / Baghdad
It decided to CBI, Tuesday, considered Saturday of each week-day routine work, noting that it comes to meet the requests of banks foreign currency.

The bank said in a statement received by Alsumaria News, a copy of which he "decided to consider Saturdays of each week normal working days," noting that "this action will be effective in the day on Saturday the 20th of June the current."

The bank said that "the purpose behind it is to meet the requests of banks foreign currency."

The dollar price in the domestic market in front of the Iraqi dinar gradually to reach more than 1440 dinars to the dollar, compared to 1225 thousand dinars to the dollar during the month of February and 1,200 dinars to the dollar by the end of last year 2014.

And it established an independent Iraqi Central Bank as a bank under the law issued on the sixth of March 2004, as an independent body, is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies being sessions daily for buying and selling currencies.


http://www.alsumaria.tv/news/137338/البنك-المركزي-يقرر-اعتبار-السبت-من-كل-اس/ar