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Central Bank allows banks to sell $ 5000 for citizens without conditions

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Central Bank allows banks to sell $ 5000 for citizens without conditions
Citizen News - 01/10/2012 - 5:43 pm | Hits: 21


BAGHDAD - citizen
central bank announced, on Monday, for allowing the banks to sell $ 5000 for citizens without conditions, as pointed out canceling ceilings conversion of foreign currency abroad by banks.
said a statement issued by the central bank «Bank seeks to maintain the stability of the Iraqi dinar As part of its policy for the protection and growth of the Iraqi economy and that will ensure demand for foreign currency in full, not intersect with the anti-money laundering law. The statement added that «the bank decided to sell foreign exchange by banks to customers up to $ 5000 to the customer per, compared to highlight the identity of the Civil Status and canceled conditions and other details listed in the previous instructions», pointing out that «the bank also decided to double the ceilings selling foreign currency sold in cash to banks a week. The statement pointed out that »Bank also decided to cancel the ceilings of foreign currency sold to banks every day, for the purposes of conversion», pointing out that «banks are entitled to determine the price of buying and selling foreign currency to their customers and canceled selections price previous».
Central Bank announced in May, for direct Rafidain and rational to sell the dollar for citizens at 1189 dinars to the dollar, within your purposes and ongoing use of foreign currency which travel, treatment and الإيفادات Hajj and Umrah and the amounts do not exceed the $ 10000.
stressed the central bank last August for high reserves of hard currency to $ 67 billion, saying it the largest in the history of Iraq.


http://www.alrafedain.net/index.php?show=news&action=article&id=83981

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