*********** Central Bank: continue to cover all the requirements of the cash conversion and sales at auction( the last sentence is interesting)

Sunday 21 December 2014 14:40



Alsumaria News / Baghdad
The Central Bank of Iraq, Sunday, continue to cover all the cash conversion and sales requirements in the auction, as pointed out that he believes in the importance of the private sector and its role in building Iraq .

The bank said in a statement received "Alsumaria News", a copy of it, he was "continuously covered all conversion requirements for the purposes of import and various legitimate transactions," stressing "the development of new facilities for foreign remittances in addition to cash sales."

The bank said that "there is no intent to put restrictions on the conversion activity despite the circumstances in the country," he said, adding that he "believes in the importance of the private sector and its role in the reconstruction of Iraq."

And increased dollar prices in the local markets to 1250 dinars to the dollar because of what I talked with some of the financial institutions of the central bank to impose other conditions for the dollar.

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