Najafi looking with the head of the central bank control mechanisms on the exchange rate and the dev

Najafi looking with the head of the central bank control mechanisms on the exchange rate and the development of the Bank's work

Wednesday, July 17, 2013 14:16



Search House Speaker Osama Najafi with the Governor of the Central Bank of Iraq and Abdul Basit Turki agency, control mechanisms on the exchange rate, and procedures against the violation banks.

The central bank has promised to take measures to raise and stabilize the dinar as it was in the past, but the rate of the dinar is still volatile in the Iraqi market to fall and rise.

A statement by the Office of the President of the House of Representatives and received all of Iraq [where] a copy of the "Najafi search through a meeting in his office Governor of the Central Bank and the Agency for ways to reduce the damage caused by the previous bank policies and forwarded to the judiciary."

He added that "Najafi expressed during the meeting to support the House of Representatives of the Central Bank and his administration the current in order to strengthen the cash balance and control of the exchange rate to serve the interests of the Iraqi citizen, stressing the importance of completing procedures develop the Bank's work, especially in the field of electronic connectivity with banks and regulatory authorities such as customs and taxes" .

The statement added that "the meeting dealt also discuss measures undertaken by the banking policies to remove the implications in the period after the lifting of U.S. protection of Iraqi funds in and out of the provisions of Chapter VII."

He called on the President of the House of Representatives to "hold a meeting with the Committee of indebtedness which is chaired by Rose Nuri Shaways Deputy Prime Minister for Economic Affairs and the membership of the oil minister, Justice, Finance, Foreign Affairs and Chairman of the BSA, to study and discuss the mechanisms in place to address the issues of debt after the lifting of U.S. protection of Iraqi funds" .

The Central Bank of Iraq, issued new instructions to stabilize the exchange rate of the Iraqi dinar against foreign currencies select the stakes weekly for banks and money transfer companies and trading firms currency from the dollar is estimated according to the capital of each of them, and will increase and reduce this share compared to the commitment of all of them deliver the amounts wants customers from citizens.

The central bank starts to put the dollar at an auction for the sale of foreign currency at subsidized prices and the lowest of the real exchange rate in the market to support the dinar. "

The central bank is facing charges for the staff in conjunction with state officials Baalmyat corruption and smuggling of currency and the bank is currently undergoing investigations to long former director Sinan al-Shabibi, who left Iraq several months ago. Ended.

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Najafi and the central bank governor discuss ways to control exchange rates and procedures against the banks violation

17/07/2013 | (Voice of Iraq) - Add a comment -


Baghdad (news) met with House Speaker Osama Abdul Aziz Najafi, Governor of the Central Bank of Iraq Abdel Basset Turki, and discussed with him the control mechanisms on the exchange rate, and procedures against the banks offense and the importance of activating the judiciary in the end these files. According to a statement of the Office of Najafi and received the Agency (news ) a copy of it: that the two sides discussed ways to reduce the damage caused by the policy bank earlier and forwarded to the judiciary and the measures undertaken by the banking policies to remove the implications in the period after the lifting of U.S. protection of Iraqi funds in and out of the provisions of Chapter VII. , and expressed Najafi support the House of Representatives Central Bank and his administration the current in order to strengthen the cash balance and control of the exchange rate to serve the interests of the Iraqi citizen, stressing at the same time the need to complete the procedures for the development of the Bank's work, especially in the field of electronic connectivity with banks and regulatory authorities such as customs and taxes. called on Speaker of the House to hold meeting with the Committee on indebtedness, headed by Rose Nuri Shaways Deputy Prime Minister for Economic Affairs and the membership of the oil minister, Justice, Finance, Foreign Affairs and Chairman of the BSA, to study and discuss the mechanisms followed in addressing the issues of debt after the lifting of U.S. protection for Iraqi funds.

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Najafi and the central bank governor discuss ways to control exchange rates and procedures against the banks violation



17-07-2013 01:43 PM


Baghdad (news) .. His House Speaker Osama Abdul Aziz Najafi, Governor of the Central Bank of Iraq Abdel Basset Turki, and discussed with him the control mechanisms on the exchange rate, and procedures against the banks offense and the importance of activating the judiciary in the end these files. According to a statement of the Office of Najafi and received Agency ( news) copy of it: that the two sides discussed ways to reduce the damage caused by the policy bank earlier and forwarded to the judiciary and the measures undertaken by the banking policies to remove the implications in the period after the lifting of U.S. protection of Iraqi funds in and out of the provisions of Chapter VII. , and expressed Najafi support the House of Representatives of the Central Bank and his administration the current in order to strengthen the cash balance and control of the exchange rate to serve the interests of the Iraqi citizen, stressing at the same time the need to complete the procedures for the development of the Bank's work, especially in the field of electronic connectivity with banks and regulatory authorities such as customs and taxes. called on Speaker of the House to hold a meeting with the Committee of indebtedness which is chaired by Rose Nuri Shaways Deputy Prime Minister for Economic Affairs and the membership of the oil minister, Justice, Finance, Foreign Affairs and Chairman of the BSA, to study and discuss the mechanisms in place to address the issues of debt after the lifting of U.S. protection of Iraqi funds. / End / l. m /

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Najafi and the central bank governor discuss ways to control exchange rates and procedures against the banks violation
 
 
 
17-07-2013 01:43 PM
 
 
Baghdad (news) .. His House Speaker Osama Abdul Aziz Najafi, Governor of the Central Bank of Iraq Abdel Basset Turki, and discussed with him the control mechanisms on the exchange rate, and procedures against the banks offense and the importance of activating the judiciary in the end these files. According to a statement of the Office of Najafi and received Agency ( news) copy of it: that the two sides discussed ways to reduce the damage caused by the policy bank earlier and forwarded to the judiciary and the measures undertaken by the banking policies to remove the implications in the period after the lifting of U.S. protection of Iraqi funds in and out of the provisions of Chapter VII. , and expressed Najafi support the House of Representatives of the Central Bank and his administration the current in order to strengthen the cash balance and control of the exchange rate to serve the interests of the Iraqi citizen, stressing at the same time the need to complete the procedures for the development of the Bank's work, especially in the field of electronic connectivity with banks and regulatory authorities such as customs and taxes. called on Speaker of the House to hold a meeting with the Committee of indebtedness which is chaired by Rose Nuri Shaways Deputy Prime Minister for Economic Affairs and the membership of the oil minister, Justice, Finance, Foreign Affairs and Chairman of the BSA, to study and discuss the mechanisms in place to address the issues of debt after the lifting of U.S. protection of Iraqi funds. / End / l. m /
 
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Nijaifi, Acting Head of CBI discuss controlling exchange rate

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Wednesday, 17 July 2013 16:26

Baghdad (AIN) –The parliament Speaker, Osama al-Nijaifi, discussed with the Acting Head of the Central Bank of Iraq, Abdul Basit Turki, the means of controlling the exchange rate and the actions against the violating banks.

A statement by Nijaifi's office received by AIN cited "Nijaifi and Turki discussed the means of reducing the effects of the banking policies and transferring them to the judiciary."

"Nijaifi expressed the readiness of the parliament to support the CBI and its current administration to control the exchange rate and serve the citizens,"

the statement added, noting that "The two sides have also discussed the procedures that the CBI will follow after relieving Iraq from the Seventh Chapter of the UN's Charter and lifting the US protection to the Iraqi funds."

"Nijaifi called to form a committee to follow up the procedures of the indebtedness of the Iraqi funds after lifting the US protection to the Iraqi funds," the statement concluded. /End/

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Thanks

To lift and stabilize as before.  An I reading this right or reading too much into it.  Is that like lift and separate lol.   Go CBI