Friday 05/11/2012
Baghdad (news) ..
Member of Finance Committee criticized the parliamentary MP / National
Alliance / Amin Abbas, the measures taken by the Central Bank adopted
for the sale of hard currency because it ascertains the balance between
the Iraqi dinar and the U.S. dollar, through the presentation of
quantities in the local market.
The central bank has taken a deliberate and complicated procedures by him in the process of selling the hard currency of the auction, where the condition of submission of import license and bank account and tax accounting for companies wishing to buy hard currency.
Abbas said (to the Agency news) Friday: The complexity of procedures sale of hard currency deliberate by the Central Bank in order to reduce the demand on the U.S. dollar from Auction Central does not hurt the interests of the Iraqi dinar as it does not achieve the principle of balance in the process of pumping currency in the domestic market.
He added: Finance Committee, the parliamentary person case at its meeting with the Governor of the Central Bank, where we asked him to increase the number of companies licensed to buy the currency, noting that the governor promised that reduces the complicated procedures and taken in the sale of hard currency "dollar" of the Central Bank auction because there is great demand by traders and foreign remittances for students abroad or expatriate Iraqis.
This testifies the U.S. dollar over the last period before the big rise of the Iraqi dinar value as a result of internal and external factors, where the price of the dollar (1300) dinars after it had been stable on the price of (1166) dinars. / Finished / 8. N. R /
The central bank has taken a deliberate and complicated procedures by him in the process of selling the hard currency of the auction, where the condition of submission of import license and bank account and tax accounting for companies wishing to buy hard currency.
Abbas said (to the Agency news) Friday: The complexity of procedures sale of hard currency deliberate by the Central Bank in order to reduce the demand on the U.S. dollar from Auction Central does not hurt the interests of the Iraqi dinar as it does not achieve the principle of balance in the process of pumping currency in the domestic market.
He added: Finance Committee, the parliamentary person case at its meeting with the Governor of the Central Bank, where we asked him to increase the number of companies licensed to buy the currency, noting that the governor promised that reduces the complicated procedures and taken in the sale of hard currency "dollar" of the Central Bank auction because there is great demand by traders and foreign remittances for students abroad or expatriate Iraqis.
This testifies the U.S. dollar over the last period before the big rise of the Iraqi dinar value as a result of internal and external factors, where the price of the dollar (1300) dinars after it had been stable on the price of (1166) dinars. / Finished / 8. N. R /