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Association of private banks: coordinate with the central bank to control the stability of the dinar
Central Bank of Iraq
Author: Editor: br reporter: ar
Number of readings: 50
17/02/2014 16:00
Tomorrow's Press / BAGHDAD: President of the Association of private banks in Iraq, Nouri al-Wadih, Monday, launching an expanded workshop for civil and private banks in coordination with the Central Bank to discuss the latest developments change the exchange rate of the Iraqi dinar against the U.S. dollar in the local market.
Nouri said for "tomorrow's Press", "The main objective of this workshop is to identify the mechanisms of cooperation in accordance with the new regulations issued by the central and include private banks are required to deposit their capital with the central bank in the event of its desire to enter the auction of foreign currency which is evaluated by the central bank every day."
"The workshop will also discuss the design and planning of a clear policy to maintain the stability of the Iraqi dinar against foreign currencies and its impact on the value of the local currency," noting that "banks are semi-assembled on the importance of the launch of an extended conference in the near future to discuss developments in the financial sector of the Iraqi Central Bank The government and private banks operating in Iraq. "
Nouri said that "the Association of Banks looked a few days ago with the Governor of the Central Bank and the Agency Abdel Basset Turki possibility of coordination between all the efforts in order to prevent the rise in the value of the dollar against the Iraqi dinar and caused it to stagger the Iraqi street."
He was a member of the Committee on Economy and Investment parliamentary MP Aziz Shareef al-Mayahi charged, last week, the central bank to take measures intended to demolish the domestic economy, with its governor threatened to call Abdul-Basit Turki of the Parliament in the event of the continuation of that policy "suspicious."
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Central Bank of Iraq
Author: Editor: br reporter: ar
Number of readings: 50
17/02/2014 16:00
Tomorrow's Press / BAGHDAD: President of the Association of private banks in Iraq, Nouri al-Wadih, Monday, launching an expanded workshop for civil and private banks in coordination with the Central Bank to discuss the latest developments change the exchange rate of the Iraqi dinar against the U.S. dollar in the local market.
Nouri said for "tomorrow's Press", "The main objective of this workshop is to identify the mechanisms of cooperation in accordance with the new regulations issued by the central and include private banks are required to deposit their capital with the central bank in the event of its desire to enter the auction of foreign currency which is evaluated by the central bank every day."
"The workshop will also discuss the design and planning of a clear policy to maintain the stability of the Iraqi dinar against foreign currencies and its impact on the value of the local currency," noting that "banks are semi-assembled on the importance of the launch of an extended conference in the near future to discuss developments in the financial sector of the Iraqi Central Bank The government and private banks operating in Iraq. "
Nouri said that "the Association of Banks looked a few days ago with the Governor of the Central Bank and the Agency Abdel Basset Turki possibility of coordination between all the efforts in order to prevent the rise in the value of the dollar against the Iraqi dinar and caused it to stagger the Iraqi street."
He was a member of the Committee on Economy and Investment parliamentary MP Aziz Shareef al-Mayahi charged, last week, the central bank to take measures intended to demolish the domestic economy, with its governor threatened to call Abdul-Basit Turki of the Parliament in the event of the continuation of that policy "suspicious."
[You must be registered and logged in to see this link.]
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