Long-Presse / Baghdad
Denied the Governor of the Central Bank of Iraq on the Keywords, on Tuesday, the rumors about the bank stopped selling the dollar, said new measures for buying and selling the currency to prevent money laundering and maintain on the market, as pointed out that the current rise of the dollar virtual height will not be long, pointed out that bank is considering various laws to support the banking process in Iraq.
The governor of Bank of Iraq on the Keywords during a press conference building the bank in central Baghdad, that "the process and buy the currency has seen over the past ten years a lot of problems and achieved through some weak souls astronomical profits," noting that "some were taken from the sale of window currency cover for operations money laundering. "
And denied the relationship, "talked about the rumors that the central bank has stopped selling the dollar," noting that "the bank select the sales process did not stop them and continues to sell the dollar for the purposes of travel and treatment."
He stressed relationship, that "the Bank studied during the recent period with specialists and experts sale window currency and we have taken a number of measures that would maintain the market and make the central bank specializing in monetary policy operations away from the currency in which they strain the circles auction problems," noting that "the mechanism for Traders on the dollar has become through the deal with private banks. "
He Keywords, that "this process has made us check well of invoices submitted by traders, as well as control of the exit process and enter the dollar," noting that "the rise of the dollar had been expected after the decision to sell the mechanism change a virtual height will not be long." .
And the relationship, that "the bank is considering various laws to support the banking process in Iraq, including the law of deposit," and expressed hope that "the law provides to the Parliament and the citizens who will pay to put their deposits in their own expenses."
The Central Bank of Iraq, announced in the (February 25, 2015), triggered the application of a new system of remittances and sell the currency, and denied selling the dollar stops.
The Central Bank of Iraq was established independently as a bank under a law issued on the sixth of March 2004 independent Kahyeh, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies being sessions daily for buying and selling currencies
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