Discuss mechanisms and instructions of the Central Bank on the currency window

Tuesday, March 14, 2017 - 9:22


Discussed a joint meeting between representatives of the Iraqi Central Bank and representatives of private banks, local, Arab and foreign operating in Iraq which was organized by the Association of Iraqi private banks, constraints faced by banks in the implementation of mechanisms and instructions for window sell the currency.

 Executive Director of the Association of Tariq Ali said: "The importance of this meeting involving clarify and facilitate the implementation of mechanisms and special instructions before the eyes of all banks."

The great debate going on dollar selling window and the intransigence of the various charges between now and then as a port for hard currency out of the country without economic feasibility.

 For his part, director of currency window in the Central Bank of Omar Hashim main prerequisites for the implementation of new instructions and mechanisms.

 The Iraqi Central Bank Governor Dr. Keywords Ali has made it clear on more than one occasion that the sale of the dollar through currency auction provides important needs of the country and maintain the smooth flow of life, was then opened for discussion on the problems facing implementation.

 Representatives of local and foreign operating in Iraq's private banks was made of the 75 employees inquiries about the challenges facing the implementation and the representatives of the central bank is clearly on the means of implementation and smoothly.

 Everyone has left good impressions from the meeting fully understands the requirements of the Central Bank in the implementation of new instructions and mechanisms for window sell the currency.

http://www.imn.iq/archives/134734