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Governor of the Central Bank: Bank audit procedures reduced the demand for foreign currency

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Governor of the Central Bank: Bank audit procedures reduced the demand for foreign currency
Published on Wednesday, October 24 1 / Okrudolf 2012 17:16 | Written by: ali | | | Hits: 66

BAGHDAD / obelisk: central bank governor said the Iraqi proxy The demand for foreign currency decreased by a large margin compared previous days because of the demise of fears of a decline in the Iraqi dinar after measures to curb bank of forging documents submitted to banks.

Said Abdul Basit Turki for "obelisk" that "demand for Wednesday's session fell to $ 18160000 from the last session on Tuesday and Lalit reached where demand 23869900".

Turki added that "this decline came after the hair merchant and the citizen that there is stability in the exchange rate of the dinar and still fears of a currency's decline to levels with citizen needs a financial haven security كالدولار".

He pointed out that "this decline also came after measures to curb bank of forging documents submitted to banks and currency smuggling and selling of currency brokers or smugglers."

He added that the "bank check of the selling price in local currency markets, where it was selling at 1198 dinars to the dollar compared to 1196 to buy."

Turkish and continued that "the central bank undertakes for the Iraqi people that he would continue to open foreign currency outlets for citizens through the banks advertised and he will work to maintain the stability of the markets and prevent the smuggling of the dollar abroad."


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