Central allows companies to buy and sell currency entering the auction
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Central allows companies to buy and sell currency entering the auction
27/11/2013 10:55
BAGHDAD / Obelisk: A source high in the Iraqi Central Bank, said on Wednesday that the bank granting companies to broker the sale and purchase of foreign currency the right to enter the currency auction sale conducted by the bank daily.
The source said the "obelisk", "The corporate broker buying and selling of foreign currency have right now to enter the auction sale of foreign currency which is conducted by the Central Bank of Iraq by five auctions a week through private banks," pointing out that "the management of the central bank took the decision to prevent the confining banks government. "
The source, who requested anonymity, that "the entry of companies to broker buying and selling of the currency mechanism followed in the policy of the Iraqi Central Bank previously."
The central bank held the Iraqi auction of five meetings a week, and witnessing the sessions high and low exchange rate of the dollar, according to supply and demand for the dollar.
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BAGHDAD / Obelisk: A source high in the Iraqi Central Bank, said on Wednesday that the bank granting companies to broker the sale and purchase of foreign currency the right to enter the currency auction sale conducted by the bank daily.
The source said the "obelisk", "The corporate broker buying and selling of foreign currency have right now to enter the auction sale of foreign currency which is conducted by the Central Bank of Iraq by five auctions a week through private banks," pointing out that "the management of the central bank took the decision to prevent the confining banks government. "
The source, who requested anonymity, that "the entry of companies to broker buying and selling of the currency mechanism followed in the policy of the Iraqi Central Bank previously."
The central bank held the Iraqi auction of five meetings a week, and witnessing the sessions high and low exchange rate of the dollar, according to supply and demand for the dollar.
http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.almasalah.com/ar/NewsDetails.aspx%3FNewsID%3D20401&usg=ALkJrhiIrqzT9lrWX_hRseH9ZPrPk123TA
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