Wednesday, February 22, 2012

CBI sales rise to $ 178 million

22/02/2012 14:36

Baghdad, February 22 (Rn) - The Central Bank of Iraq, Wednesday, rising sales of the dollar to U.S. $ 178 million after it was yesterday $ 120 million.

Dollars The deputy governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that "the central bank sales on Wednesday amounted to $ 178 million."

Saleh added that "the owners of banking offices adapt to the new mechanisms established by the Central Bank of Iraq in the sale process difficult to prevent smuggled out of the country because of crises in the countries in the region."

The rate of sale of the Central Bank in January 11 last to $ 300 million for the first time in years, put on the impact of a new mechanism requiring the withdrawal of foreign currency on the basis of the importance of development projects in the country, especially after the news emerged, in recent times, for the smuggling of large of hard currency to Iran, facing international sanctions.

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