08-02-2014 08:25 AM
Baghdad (newsletter). The Commission criticized the parliamentary economy and investment Deputy Aziz Shri mayahi, the CBI decision after allowing banks to enter the currency market only on condition that put their money in the Bank, sued the banks are not transferred to the offices of the Bank.
Mayahi said in a statement received (News Agency), a copy of the decision of the Central Bank after allowing banks to enter the currency market only on condition that put their money in the Bank is surprising and the side where no economic feasibility may be of benefit in the short or long term.
He added: ' it is an important investor and banks in Iraq and have great responsibility in supporting development projects by moving the capital to the local market which gives greater impetus for investors to compete and develop method to increase market efficiency and investment alike.
He continued: the ' shackle the banks and preventing them from moving their money in the market and freeze in Central Bank coffers instead of Bank support for those banks with cash to stimulate their work is somewhat surprisingly for a side benefit to the economy and to her going astray on the general situation and make those banks like Citibank offices work only currency translation no more './finished/h.
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