Saleh: the development of a commercial bank to finance private sector trade
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Saleh: the development of a commercial bank to finance private sector trade
Last updated: 16 November 2016 - 12:54
BAGHDAD / News Network Iraq , financial advisor to the Prime Minister suggested that the appearance of Mohammed Saleh, on Wednesday, the development of a commercial bank to finance private sector trade by opening letters of credit , rather than transfers, while calling the central bank to study the proposal, stressed that the Iraqi dinar exchange at market price parallel higher than the central bank rate ten Anagat.oukal appearance of Mohammed in a press statement today: " the Iraqi dinar exchange rate in the parallel market rate exceeds the central bank 's rate ten points and the overall level of prices in Iraq remains stable , despite the presence of two prices for the disbursement of the dollar , " noting that " the difference was not strongly reflected in the general price level basis, inflation is still a level of two percent, the lowest in the history of Iraq" .uaza favor, reasons that "Iraq imports from dollar areas of the world as East Asia , which suffered from depression in the goods", suggesting " the development a commercial bank to finance private sector trade contribute to the civil and government banks to finance trade by opening letters of credit , rather than transfers "He pointed a financial advisor to Ebadi that" everyone will benefit from this bank and we will get rid of the speculators and speculation, accusations and controversy that never ends , "calling on the central bank to " A study of this proposal."
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