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Two banks buy treasury transfers of 50 billion dinars
| Wednesday, May 23rd |
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The Central Bank of Iraq announced on Wednesday that two banks bought treasury transfers worth 50 billion dinars, noting that he cut the highest rate of return.
A statement issued by the Central Bank and received by Alsumaria News, a copy of it, it "approved an auction for the sale of Islamic certificates of deposit for a period of 14 days and the amount of 50 billion dinars."
The statement added that "cut at a flat rate and at a rate of return of 0.70%," noting that two banks bought remittances
It established the Central Bank of Iraq as an independent institution under its law of March 6, 2004, as an independent body responsible for maintaining price stability and implementing monetary policy, including exchange rate policies, managing foreign reserves and issuing and managing currency. A competitive and independent financial institution.
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