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Deputy: the central bank's measures to set conditions for the entry of banks currency market stability of the dinar Ststhm
Thursday, February 14, 2014 11:02
[Baghdad - where]
The MP for the coalition of national Kadhim al-Shammari, measures the CBI in connection with setting conditions on banks entering the market to buy the currency "correct procedures and will have important consequences for the stability of the currency and the market in the long run."
Al-Shammari said in a statement received by all of Iraq [where] a copy of the "talking about the high price of the dollar against the local currency due to the central bank's measures obliging banks put their assets in the Central Bank as a condition for entering the market to buy the currency is the inevitable result of unexpected and will continue being a reaction from speculators and weak banks to force the central bank to reverse his decision. "
He added that "a central bank is to hold true professional and will have returns of large positive on the economy by ending the influence of speculators and banks is discreet and reduce their influence, which stretched the market and make it hostage Bnzoathm and maintain the effectiveness of the banks strong credible and Escrow, which is working to serve the local economy" .
Shammari stressed "the need to support the central bank's measures to prevent re-currency traders of the beneficiaries of the pulse market prices and who make a living on the introduction of the domestic market in the successive crises from time to time to time to serve their assets, which was built on the shoulders of the poor citizen." Ended
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Thursday, February 14, 2014 11:02
[Baghdad - where]
The MP for the coalition of national Kadhim al-Shammari, measures the CBI in connection with setting conditions on banks entering the market to buy the currency "correct procedures and will have important consequences for the stability of the currency and the market in the long run."
Al-Shammari said in a statement received by all of Iraq [where] a copy of the "talking about the high price of the dollar against the local currency due to the central bank's measures obliging banks put their assets in the Central Bank as a condition for entering the market to buy the currency is the inevitable result of unexpected and will continue being a reaction from speculators and weak banks to force the central bank to reverse his decision. "
He added that "a central bank is to hold true professional and will have returns of large positive on the economy by ending the influence of speculators and banks is discreet and reduce their influence, which stretched the market and make it hostage Bnzoathm and maintain the effectiveness of the banks strong credible and Escrow, which is working to serve the local economy" .
Shammari stressed "the need to support the central bank's measures to prevent re-currency traders of the beneficiaries of the pulse market prices and who make a living on the introduction of the domestic market in the successive crises from time to time to time to serve their assets, which was built on the shoulders of the poor citizen." Ended
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