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Central: Financial unprepared for the exercise of its currency auction
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BAGHDAD / obelisk: The Central Bank of Iraq, on Tuesday, he was responsible for conducting the auction currency, between the Ministry of Finance is ready to exercise that role.
The governor of the bank on the Keywords in an interview with local media, and I followed, "obelisk", "The central bank is responsible for holding the currency auction Under the law, which he considers responsible for the stability of the exchange rate," noting that "it is theoretically possible that the Ministry of Finance to conduct auction process but practically not possible. "
He Keywords that "the Ministry of Finance is not interested in achieving the goals of monetary policy Castaqrar exchange, but is interested in obtaining as much as possible from the dinar from the sale of dollars without paying attention to the overall stability of prices or the exchange rate stability," explaining that "this process by type of risk can not the Ministry of Finance to bear. "
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
BAGHDAD / obelisk: The Central Bank of Iraq, on Tuesday, he was responsible for conducting the auction currency, between the Ministry of Finance is ready to exercise that role.
The governor of the bank on the Keywords in an interview with local media, and I followed, "obelisk", "The central bank is responsible for holding the currency auction Under the law, which he considers responsible for the stability of the exchange rate," noting that "it is theoretically possible that the Ministry of Finance to conduct auction process but practically not possible. "
He Keywords that "the Ministry of Finance is not interested in achieving the goals of monetary policy Castaqrar exchange, but is interested in obtaining as much as possible from the dinar from the sale of dollars without paying attention to the overall stability of prices or the exchange rate stability," explaining that "this process by type of risk can not the Ministry of Finance to bear. "
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