Central Bank Governor: We aim to maintain the rate of the dinar and ensure that selling the dollar is eligible

Published on Sunday, 21 October 1 / Okrudolf 2012 14:52 | Written by: ali

BAGHDAD / obelisk: The governor of the Central Bank of proxy that the current policy of the Bank is seeking to restore confidence in Iraqi dinars and not let down economic "is thoughtful," adding the new administration focused on rearranging auction of foreign currency and ensure that smuggling money or sell large quantities of dollars into non-eligible .


Said Governor Alrkza Bank and Abdul Basit Turki Agency for "obelisk" that "the meeting of the administrative board and general managers at the central bank discussed the necessary steps to ensure the stability of the value of the Iraqi currency compared with the dollar Alamarki and ensure the irreversibility of its value."


He pointed out that "the subject to delete the zeros are not discussed so far and that the new administration of the bank focused at the moment to re-arrange an auction of foreign currency and ensure that smuggling money or sell large quantities of dollars into non-eligible and later will go to projects central task other."


Turki added, "the bank stressed during a meeting of directors of private banks to sell the currency measures for citizens, according to the controls and call for those banks to provide the required documents for people who were selling the dollar for them."


He revealed that "the bank will check the names and match them with existing lists has."



The Cabinet decided to dismiss the Governor of the Central Bank of Iraq Sinan Shabibi and the prime BSA Abdul Basit Turki proxy instead of him.



Later on the news the issuance of an arrest warrant against al-Shabibi said the deputy governor of the Central Bank of the appearance of Mohammed Saleh for "obelisk" that Bank Governor Dr Sinan Shabibi, who was attending a conference in Japan did not return to Iraq, but went from Tokyo to Europe, noting that Shabibi told them he would return to Baghdad two days after.


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