Saturday, April 20, 2013

Najib: Survey of selling the dollar in the Rasheed Bank will reduce the manipulation and fraud in the sale of hard currency

04/20/2013

Najeebeh

BAGHDAD (Iba) .. A member of the Finance Committee praised the MP Najiba Najib, the decision of the Ministry of Finance to limit dollar selling in the Rasheed Bank only with strict conditions considering it as a step towards reducing the smuggling of hard currency and create a balance between the Iraqi dinar and the U.S. dollar.

Said Najib told the independent press (Iba) on Saturday, "said the move stems from the fear and the Ministry of Finance of the deterioration of the Iraqi currency and rising mafia smuggling hard currency to neighboring countries, stressing that" the continued high Sarabv dollar against the dinar payment of the Ministry of Finance, in coordination with the Central Bank by making Rasheed Bank main bank to sell the dollar and under specific conditions. "

He referred to "compel the citizen who wants to buy the dollar by highlighting the passport to make sure the actual need to buy the dollar and reduce manipulation to buy the dollar and sell it on the black market at high prices."

He continued, "The Finance Committee will host the central bank involved in the and specifically section of the auction and sell the currency, noting" there are some coordinators and Exploited Children to develop a troubled country of manipulating the sale and smuggling of currency outside the central bank. "

This instructed the Ministry of Finance to the Rasheed Bank to sell the dollar for the citizens of its headquarters and branch Shorja exclusively subject to specified conditions. (End)

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