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Central Bank allows for money transfer companies to participate currency auction
Monday, April 21, 2014 12:09
Alsumaria News / Baghdad
Central Bank of Iraq, Monday, for allowing the money transfer companies to participate ERA currency, stressing that this would contribute to the stability of the exchange rate permanently. , the bank said in a statement received "Alsumaria News", a copy of "The bank's management has agreed to the money transfer companies to open accounts directly with the CBI, (the Iraqi dinar and the U.S. dollar) for the implementation of the procurement of foreign currency. " the bank said, "This operation will expand special events auction of foreign currency and contributes to the stability of the exchange rate permanently." and established the Iraqi Central Bank bank independent under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.
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Monday, April 21, 2014 12:09
Alsumaria News / Baghdad
Central Bank of Iraq, Monday, for allowing the money transfer companies to participate ERA currency, stressing that this would contribute to the stability of the exchange rate permanently. , the bank said in a statement received "Alsumaria News", a copy of "The bank's management has agreed to the money transfer companies to open accounts directly with the CBI, (the Iraqi dinar and the U.S. dollar) for the implementation of the procurement of foreign currency. " the bank said, "This operation will expand special events auction of foreign currency and contributes to the stability of the exchange rate permanently." and established the Iraqi Central Bank bank independent under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.
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