An economist for "The Covenant News": If the stock market will stop private banks to invest
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An economist for "The Covenant News": If the stock market will stop private banks to invest
Admin Sun Apr 28, 2019 12:28 pm
28/04/2019 09:17 AM |
Al-Ahed News - Baghdad
Economic expert Jamal Shaker al-Rubaie stressed on the need to continue the Iraqi currency exchange, noting that "in the event of a halt to the stock exchange, it will pay banks to invest in various activities."
He said in a statement to "The Covenant News", "the demands of some deputies to stop the auction of currency, and said," The vision of the Central Bank is different from the demands of deputies. "
He added that "the stock exchange is one of the doors of financing the cash flows of the Central Bank of Iraq, and the need of traders and importers of hard currency, which prompts them to rely on this stock exchange, noting that" the most private banks, is still new and only work because of the stock market. "
He continued, "Some banks have many investment projects and are not fully dependent on the stock market."
http://alahadnews.net/index.php/permalink/154115.html
Al-Ahed News - Baghdad
Economic expert Jamal Shaker al-Rubaie stressed on the need to continue the Iraqi currency exchange, noting that "in the event of a halt to the stock exchange, it will pay banks to invest in various activities."
He said in a statement to "The Covenant News", "the demands of some deputies to stop the auction of currency, and said," The vision of the Central Bank is different from the demands of deputies. "
He added that "the stock exchange is one of the doors of financing the cash flows of the Central Bank of Iraq, and the need of traders and importers of hard currency, which prompts them to rely on this stock exchange, noting that" the most private banks, is still new and only work because of the stock market. "
He continued, "Some banks have many investment projects and are not fully dependent on the stock market."
http://alahadnews.net/index.php/permalink/154115.html
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