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The economic impact of the ban on the impact of the sale of the dollar to regional companies on the

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rocky
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The economic impact of the ban on the impact of the sale of the dollar to regional companies on the

Post by rocky on Sat 07 Oct 2017, 3:23 am

[size=30]The economic impact of the ban on the impact of the sale of the dollar to regional companies on the stock exchanges of the center and the south[/size]
07/10/2017 10:12 | Number of readings:
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[rtl]Trend Press / Baghdad[/rtl]

[rtl]The member of the Economic Committee MP Amer al-Fayez, the effect of stopping the conversion of hard currency by the Central Bank to the Kurdistan region companies on the price of the dollar in Iraqi stock exchanges .[/rtl]
[rtl]Al-Fayez said in a press statement that "the decision of the Council of Ministers to stop the sale of the dollar and stop the transfer of companies to the Kurdistan region did not affect the price of the dollar in Baghdad and the provinces, but affect the stock markets in Arbil, Financial in Erbil, stressing that this decision will benefit the budget of some influential in the auction of the Central Bank . "[/rtl]
[rtl]Fayez said that "the Economic Committee has already called for the cancellation of the currency auction because it contains theft and manipulation of prices and benefit some as the dollar in the bank 1160 thousand dinars and sold at auction price of 1250 thousand dinars, which is a special benefit for some .[/rtl]
[rtl]He added that the currency auction made some traders to the black market, pointing out that the central bank should cancel the auction sale of currency in full to stop these thefts .[/rtl]
[rtl]It is noteworthy that the Council of Ministers decided to stop the conversion and sale of dollars to companies in the Kurdistan region after the referendum on September 25.[/rtl]

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