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Member parliamentary Finance: the need to facilitate the procedures for the sale of hard currency to support the stability of the dinar exchange rate
27-10-2013 05:06 AM
Baghdad (news) .. The member of the Finance Committee MP / Kurdistan Alliance / Dler unable, the Central Bank of the need to facilitate the procedures for the sale of hard currency for citizens and banking companies to support the exchange rate of the Iraqi dinar against the U.S. dollar.
He is capable (of the Agency news): The central bank is required to develop a mechanism to facilitate the sale of hard currency, either in the auction or sale in the windows of banks in order to satisfy local market demand for the dollar.
He added: to facilitate the process of selling the dollar will support the stability of the Iraqi dinar exchange rate because it will ensure the delivery of the dollar to target groups of companies and citizens and businessmen, they must work in this direction, indicating that the tightening will make the local currency low against international currencies, as happened during the past months.
This witness the exchange rate of the Iraqi dinar against the U.S. dollar fluctuation due to the Central Bank's measures to the sale. / End / 8.'s. M / - See more at:
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27-10-2013 05:06 AM
Baghdad (news) .. The member of the Finance Committee MP / Kurdistan Alliance / Dler unable, the Central Bank of the need to facilitate the procedures for the sale of hard currency for citizens and banking companies to support the exchange rate of the Iraqi dinar against the U.S. dollar.
He is capable (of the Agency news): The central bank is required to develop a mechanism to facilitate the sale of hard currency, either in the auction or sale in the windows of banks in order to satisfy local market demand for the dollar.
He added: to facilitate the process of selling the dollar will support the stability of the Iraqi dinar exchange rate because it will ensure the delivery of the dollar to target groups of companies and citizens and businessmen, they must work in this direction, indicating that the tightening will make the local currency low against international currencies, as happened during the past months.
This witness the exchange rate of the Iraqi dinar against the U.S. dollar fluctuation due to the Central Bank's measures to the sale. / End / 8.'s. M / - See more at:
[You must be registered and logged in to see this link.]
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