New reduction to the selling price of the dollar
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New reduction to the selling price of the dollar
Admin Sat Jul 20, 2013 5:38 pm
07/21/2013 12:00 AM
BAGHDAD - morning
Association announced private banks in Iraq for the determination of private banks to reduce the exchange rate of the dollar to 1180 instead of 1183.
President of the Association said Adnan al-Chalabi (morning): The move comes as part of the pursuit of private banks to support the policy of the Iraqi Central Bank to stabilize the exchange rate.
He added that the bank Baghdad, and Assyria the first of initiated to lower selling prices and will start on Sunday depending on the selling price new hope other banks follow suit.
He pointed out that the reduction process first adopted by most of the private banks have contributed to reduce the price of commercial sale and brought back to the prices of natural.
Pointed Chalabi that the stability of the exchange rate will lead to problems of all problems related to debt-distressed and make it easier for borrowers also pay premiums according to their calculations aid.
Said at the conclusion of His statement that private banks working to strengthen the government steps in achieving sustainable economic development.
http://www.alsabaah.iq/ArticleShow.aspx?ID=50524
BAGHDAD - morning
Association announced private banks in Iraq for the determination of private banks to reduce the exchange rate of the dollar to 1180 instead of 1183.
President of the Association said Adnan al-Chalabi (morning): The move comes as part of the pursuit of private banks to support the policy of the Iraqi Central Bank to stabilize the exchange rate.
He added that the bank Baghdad, and Assyria the first of initiated to lower selling prices and will start on Sunday depending on the selling price new hope other banks follow suit.
He pointed out that the reduction process first adopted by most of the private banks have contributed to reduce the price of commercial sale and brought back to the prices of natural.
Pointed Chalabi that the stability of the exchange rate will lead to problems of all problems related to debt-distressed and make it easier for borrowers also pay premiums according to their calculations aid.
Said at the conclusion of His statement that private banks working to strengthen the government steps in achieving sustainable economic development.
http://www.alsabaah.iq/ArticleShow.aspx?ID=50524
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