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The Central Bank authorizes the Governor to double the share of the dollar and banking money transfer
Saturday, 06 April 2013 18: 56
Baghdad/Obelisk: CBI, adopted Saturday a resolution authorizing Agency Bank Governor Abdel Basset Turki to double the share of the dollar and banking money transfer companies committed to the instructions and decisions of the Bank's daily auction to sell foreign currency.
The Bank said in a statement "the Obelisk" got a copy of "the CBI's Board of Directors made the decision on Saturday authorized the Governor authority to increase and doubling the share of dollar remittance companies and banking", adding that "so long as these companies applied to the Central Bank."
He said the Iraqi Central Bank Governor Abdel Basset Turki Agency for "the Obelisk", "CBI's Board of Directors decided in its meeting today approved the proposal to increase the shares of banking firms adhering to the instructions of the Central Bank".
He noted that "the decision to increase the quota to double for these companies to allow them to provide their customers and currency preference only to companies that help the Bank to protect the national economy, and hard currency from waste and smuggling".
"This resolution includes such companies as long as the instructions will apply except for any company that violates the laws and regulations of such preference".
He was a trusted financial source, revealed Wednesday, April 3, the Central Bank will double over the next two days, the share of companies and banking remittance of foreign currency, to $ 200,000 after reduced to 100,000 dollars and will include multiple companies committed to help the Bank.
The Iraqi market has experienced considerable unrest in recent weeks in the price of the US dollar against the Iraqi dinar as the sale price of one dollar to 1280.
The Iraqi Central Bank, Sunday 24 March, new instructions on buying and selling foreign currency, according to the weekly quota for banks to sell the dollar cash $ 4 million of the increase and decrease in the share of money transfer companies, 150,000 dollars for companies, 45 billion capital and $ 100,000 for less than its capital.
The instructions indicated that the companies broker for buying and selling currencies that share downloads 50,000 dollars to companies with a capital of 500 million dollars, and $ 25,000 for companies equally, and that the sale and purchase of a foreign currency remittance companies and companies to buy and sell foreign currency through banks approved in Iraq
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Saturday, 06 April 2013 18: 56
Baghdad/Obelisk: CBI, adopted Saturday a resolution authorizing Agency Bank Governor Abdel Basset Turki to double the share of the dollar and banking money transfer companies committed to the instructions and decisions of the Bank's daily auction to sell foreign currency.
The Bank said in a statement "the Obelisk" got a copy of "the CBI's Board of Directors made the decision on Saturday authorized the Governor authority to increase and doubling the share of dollar remittance companies and banking", adding that "so long as these companies applied to the Central Bank."
He said the Iraqi Central Bank Governor Abdel Basset Turki Agency for "the Obelisk", "CBI's Board of Directors decided in its meeting today approved the proposal to increase the shares of banking firms adhering to the instructions of the Central Bank".
He noted that "the decision to increase the quota to double for these companies to allow them to provide their customers and currency preference only to companies that help the Bank to protect the national economy, and hard currency from waste and smuggling".
"This resolution includes such companies as long as the instructions will apply except for any company that violates the laws and regulations of such preference".
He was a trusted financial source, revealed Wednesday, April 3, the Central Bank will double over the next two days, the share of companies and banking remittance of foreign currency, to $ 200,000 after reduced to 100,000 dollars and will include multiple companies committed to help the Bank.
The Iraqi market has experienced considerable unrest in recent weeks in the price of the US dollar against the Iraqi dinar as the sale price of one dollar to 1280.
The Iraqi Central Bank, Sunday 24 March, new instructions on buying and selling foreign currency, according to the weekly quota for banks to sell the dollar cash $ 4 million of the increase and decrease in the share of money transfer companies, 150,000 dollars for companies, 45 billion capital and $ 100,000 for less than its capital.
The instructions indicated that the companies broker for buying and selling currencies that share downloads 50,000 dollars to companies with a capital of 500 million dollars, and $ 25,000 for companies equally, and that the sale and purchase of a foreign currency remittance companies and companies to buy and sell foreign currency through banks approved in Iraq
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--- but really what are they saying the dollar amount to be transfered and the cost to do the busness?
