The Central Bank allows banks with a capital of less than 250 billion dinars to participate in the currency auction
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The Central Bank allows banks with a capital of less than 250 billion dinars to participate in the currency auction
Tuesday 8 May
Alsumaria News / Baghdad
The Central Bank of Iraq announced on Tuesday that banks with capital of less than 250 billion dinars will be allowed to participate in the currency auction.
The bank said in a statement that Alsumaria News received a copy of it that "the approval of banks with a capital of less than 250 billion dinars to enter the window of sale and purchase of foreign currency for the purpose of strengthening their assets abroad."
"The participation will be in accordance with the mechanisms and instructions followed in this regard and implement this decision immediately."
The Central Bank of Iraq had decided in 2013 to exclude private banks whose capital is less than 250 billion dinars from participating in the auction, noting that some decisions of exclusion are not permanent.
http://www.alsumaria.tv/news/81728/ط£ط±ط¨ط¹ط-ظ‚طھظ„ظ‰-ظˆ12-ط¬ط±ظٹطط§-ظپظٹ-طط
Alsumaria News / Baghdad
The Central Bank of Iraq announced on Tuesday that banks with capital of less than 250 billion dinars will be allowed to participate in the currency auction.
The bank said in a statement that Alsumaria News received a copy of it that "the approval of banks with a capital of less than 250 billion dinars to enter the window of sale and purchase of foreign currency for the purpose of strengthening their assets abroad."
"The participation will be in accordance with the mechanisms and instructions followed in this regard and implement this decision immediately."
The Central Bank of Iraq had decided in 2013 to exclude private banks whose capital is less than 250 billion dinars from participating in the auction, noting that some decisions of exclusion are not permanent.
http://www.alsumaria.tv/news/81728/ط£ط±ط¨ط¹ط-ظ‚طھظ„ظ‰-ظˆ12-ط¬ط±ظٹطط§-ظپظٹ-طط
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