Central Bank of Iraq - Basra branch
announced the Governor of the Central Bank of Iraq on the Keywords, the central bank's mission is to preserve the value of the Iraqi dinar against the dollar, which makes it imperative for the bank to pursue an independent policy, and not to allow any political party to intervene in them.
The description on the Keywords in a press conference on Saturday, The banking sector as a "very sensitive", as pointed out that raising the proportion of the 8% of dollar transactions is not exemption permanently imported goods, stressing that "depriving banks of entry to sell the currency window is not a positive process." noting that "Add the 8% rate on transactions sell the dollar, the goal of which was to maximize government resources ", and pointing out that" the Central Bank have collaborated to achieve this goal. " Keywords and said, "The negative speech on the financial sector in the country does not help in drawing a good picture out of Iraq, and therefore affected our relationship with the foreign and finance dramatically, "pointing in the context that" the Central Bank's mission is to preserve the value of the Iraqi dinar against the dollar, which makes it imperative for the bank to pursue an independent policy, and not to allow any political party to intervene in it. " On the other hand, Keywords stressed that "the Bank Central past in restructuring the currency and the issuance of the highest categories of currency, such as the 50 thousand and 100 thousand ", adding that" the 50 category in press now. " He added that "depriving the banks or banking firms from entering the sales window is not a new process," referring to "It occurs on an ongoing basis to stop some irregularities or abuses." The Central Bank of Iraq, decided in June 9, 2015, depriving the 14 banks from entering the window of sale and purchase of foreign currency, as he emphasized that depriving these banks will continue until the payment of the amounts discharged.
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