Keywords denies prevent the sale of Dollar process: hard currency fled to countries supporting terrorism, corruption

Since 06.16.2015 at 17:00 (GMT Baghdad)

Baghdad scales News

Denied Governor of the Central Bank and the Agency on the Keywords, Tuesday, news about the existence of the prevention of the sale of the dollar and to stop the work ERA currency, stressing that the Bank continues to sell the dollar did not stop but a new mechanism.

Keywords and said during a press conference held PHP central bank building in the presence of experts and media attended / scales News / "The hard currency escaped much supportive of terrorism, and corruption, stressing that the central bank has taken new measures is no longer a daily window and ATM of hard currency."

He Keywords that "Bank head toward the two roads is remittances window where can traders who wish to develop a bank deposit in one of the foreign banks with the agreement of internal banks through remittances window, and the process of transportation, so can the citizen get a dollar through two routes either traveling or treatment, stressing that the Bank Central does not stand not put limits on the sale of the dollar. "

"The Bank has developed new procedures and mechanisms for the auction currency different from the daily currency auction the previous noting, that the auction currency will not stop working out, but according to the new measures where private banks could get a dollar every 15 days through the Central Bank."

Keywords and stressed that "Iraq does not suffer from any decline in revenue and has good and there are no concerns, pointing out that the Iraqi dinar is covered at 150% of the hard currency and can control this reserve currency."

"The Bank of promising new procedures and mechanisms for the auction currency different from the daily currency auction the previous noting, that the auction currency will not stop, but the work done according to the new measures."

He Keywords during the conference that some officials in the economy had a total far from the banking sector's remarks and warned of new central bank measures and stressed the low foreign currency reserves at the bank, stressing that Iraq does not suffer from any decline and has good revenue and there are no fears. "

This revealed the economic and investment commission member of the parliamentary Najib Najib, Tuesday, that a meeting occurred between the Central Bank with the Ministry of Finance to discuss ways to avoid a crisis of rising dollar prices in front of the Iraqi dinar.

The "saw the local markets, on Monday, rising exchange rates of the US dollar against the Iraqi dinar to 1,400 dinars to the dollar, that is the equal to US $ 100 140 000 dinars."

While "said economic expert on behalf of Antoine, on Monday, that the increase in" demand "on the dollar in the current markets and the lack of" supply "has led to rising prices, among the rise Sneks negatively on the commercial market prices" .

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