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Parliament confirms the validity of central bank's measures on banks and calls for support to maintain market stability
{Baghdad: Euphrates News}
MP for the coalition of national white Kadhim al-Shammari said that "measures the CBI in connection with setting conditions on banks entering the market to buy the currency is correct and will have important consequences for the stability of the currency and the market in the long run."
He said in a press statement to his press office has received and Euphrates News Agency {} that "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 of speculators and banks weak 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 guarantee that work 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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{Baghdad: Euphrates News}
MP for the coalition of national white Kadhim al-Shammari said that "measures the CBI in connection with setting conditions on banks entering the market to buy the currency is correct and will have important consequences for the stability of the currency and the market in the long run."
He said in a press statement to his press office has received and Euphrates News Agency {} that "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 of speculators and banks weak 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 guarantee that work 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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