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Gold coins that Sepeaha CBI step to control the gold market
02-02-2014
Counting economists and specialists, that the central bank's move to sell gold coins to investors and segments of society is a step 'good leader', stressing that it will work to control the gold market and help support the Iraqi economy, and as pointed out that the increase in demand for buying gold 'indicates a recovery situation of living of the citizens', confirmed that the Iraqi market imports about '5 tons of gold per month which is the largest amount in the history of Iraq. "
said the deputy governor of the Central Bank of the previous appearance of Mohammed Saleh in an interview, that 'the central bank's move to sell gold coins to investors and the rest of society Iraqi good leader ', explaining that' the move would work to control the gold market in accordance with the activation of banks mortgages of gold and money as to help support the Iraqi economy in various sectors ', noting that' banks mortgages accept mortgages Almkhclat gold for the money you borrow citizen to walk affairs of buying houses or cars or other '.
Saleh added that 'the increasing demand for buying gold in Iraq is a good indicator on the recovery of the living conditions of the citizens who have begun Bedjarh for fear of aftershocks possible in the price of the Iraqi dinar, or the U.S. dollar', noting that 'Import Bank Central Gold will enhance the confidence of citizens in gold, which imports them having being assured and the origins of global best of the items imported traders at the moment, and therefore this procedure will enhance the chances of increasing credit including reflect positively on improving the situation of citizens living and the national economy in general. "
Saleh indicated that 'the former regime was in control of the gold trade in Iraq passed through strict instructions imposed on traders to get what they need through the purchase of the Iraqi Central Bank, who was forced to practice trade does not fall within its competence. "
For his part, said Mohammed al-Waeli remnants, a Gold dealers in the market for a river in central Baghdad, in an interview, that 'imported quantities of gold over the past years is almost the largest in the history of Iraq', explaining that he 'has never been absorbed by the markets of Baghdad and the provinces amounts exceed 50 tons per year'.
added Wa'ili The 'Central Bank of clear imprint on the gold market, where he had previously inspection teams and control patrol on all workshops and stores of gold scattered across the country,' adding, 'but after 2003 there was a discrepancy in the price and quality of the gold pure importer and available in the market. "
He Wa'ili that 'rates of import is now available in the Iraqi market for gold up to about 5 tons a month', noting that 'import sources vary according to the quantity and quality desired traders, some of them imported from the United Arab Emirates, Kuwait, India, Italy, Iran or Turkey'.
The Iraqi Central Bank has decided, in (January 23, 2014), 'SEC assortment of gold bullion' to be sold to gold dealers, investors and segments of Iraqi society, as he emphasized that 'this action represents one of the tools of monetary policy to the Bank'.
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02-02-2014
Counting economists and specialists, that the central bank's move to sell gold coins to investors and segments of society is a step 'good leader', stressing that it will work to control the gold market and help support the Iraqi economy, and as pointed out that the increase in demand for buying gold 'indicates a recovery situation of living of the citizens', confirmed that the Iraqi market imports about '5 tons of gold per month which is the largest amount in the history of Iraq. "
said the deputy governor of the Central Bank of the previous appearance of Mohammed Saleh in an interview, that 'the central bank's move to sell gold coins to investors and the rest of society Iraqi good leader ', explaining that' the move would work to control the gold market in accordance with the activation of banks mortgages of gold and money as to help support the Iraqi economy in various sectors ', noting that' banks mortgages accept mortgages Almkhclat gold for the money you borrow citizen to walk affairs of buying houses or cars or other '.
Saleh added that 'the increasing demand for buying gold in Iraq is a good indicator on the recovery of the living conditions of the citizens who have begun Bedjarh for fear of aftershocks possible in the price of the Iraqi dinar, or the U.S. dollar', noting that 'Import Bank Central Gold will enhance the confidence of citizens in gold, which imports them having being assured and the origins of global best of the items imported traders at the moment, and therefore this procedure will enhance the chances of increasing credit including reflect positively on improving the situation of citizens living and the national economy in general. "
Saleh indicated that 'the former regime was in control of the gold trade in Iraq passed through strict instructions imposed on traders to get what they need through the purchase of the Iraqi Central Bank, who was forced to practice trade does not fall within its competence. "
For his part, said Mohammed al-Waeli remnants, a Gold dealers in the market for a river in central Baghdad, in an interview, that 'imported quantities of gold over the past years is almost the largest in the history of Iraq', explaining that he 'has never been absorbed by the markets of Baghdad and the provinces amounts exceed 50 tons per year'.
added Wa'ili The 'Central Bank of clear imprint on the gold market, where he had previously inspection teams and control patrol on all workshops and stores of gold scattered across the country,' adding, 'but after 2003 there was a discrepancy in the price and quality of the gold pure importer and available in the market. "
He Wa'ili that 'rates of import is now available in the Iraqi market for gold up to about 5 tons a month', noting that 'import sources vary according to the quantity and quality desired traders, some of them imported from the United Arab Emirates, Kuwait, India, Italy, Iran or Turkey'.
The Iraqi Central Bank has decided, in (January 23, 2014), 'SEC assortment of gold bullion' to be sold to gold dealers, investors and segments of Iraqi society, as he emphasized that 'this action represents one of the tools of monetary policy to the Bank'.
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