Central Bank Governor
ArrowSelected.png Alsumaria News / Baghdad
decided to Central Bank of Iraq, Sunday, exclusion of private banks by at least a capital of about 250 billion dinars from participating in its daily auction, as pointed out that some of the decisions of exclusion "pots and are not permanent." said Central Bank Governor Abdul-Basit Turki said in an interview for "Alsumaria News", "The Bank has ruled out a number of Iraqi banks and less capital from 250 billion dinars from the currency auction conducted by the day," noting that "the number of these banks, which have been excluded at present does not exceed the five banks." said Turki that "some banks proceeded to invite the public to raise capital, "asserting that" some banks have been excluded as I am not the decision permanent. " and established the Iraqi Central Bank as a bank independent under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.
[You must be registered and logged in to see this link.]