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Sirhan: The central bank plans to inject extra funds from the dollar in local markets
By Admin 02.21.2017 10:28
Baghdad: Khburaajl
A member of the parliamentary finance committee, on Tuesday, the Central Bank of Iraq's intention to pump additional amounts of dollar in local markets to lower dollar prices, noting that the bank will announce a new mechanism for the disbursement of the dollar through its ports to prevent speculation.
According to committee member Ahmed Sarhan Sarhan told him, I followed ( Newsflash ), that " the Central Bank of Iraq plans to pump additional amounts of the dollar in the domestic market to prevent the rising dollar prices."
"The high dollar prices in front of the Iraqi dinar exchange does not serve the economic and commercial interests and the control authorities to prevent the rise in any way possible."
Sarhan said that "the Bank will announce a new mechanism for the disbursement of the dollar through its ports to prevent speculation and dollar exchange to those who deserve it all," noting that "these steps will return dollar prices as they were in the past and demonstrate the exchange rate against the dinar in the coming days."
(Finished) (H.a)
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