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Securities Commission: Central bank in the throes of the exchange rate and monitor its banks

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player46


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Securities Commission: Central bank in the throes of the exchange rate and monitor its banks

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POST 27 APRIL / MAY 2013 11:48
BAGHDAD / Center Brief for the Iraqi Media Network ( IMN) - Securities Commission said that the central bank is currently in the throes of difficult to control the exchange rate of foreign currencies and control of banks operating under its control.

The head of the Abdul-Razzaq al-Saadi 's ( IMN) that "We hope that the central bank implemented the decision of the Economic Committee on the inclusion of private sector banking companies that are not included yet in the stock market."

Between al-Saadi he "must be banking companies under the supervision of the Securities Commission in order that all things are going with full transparency."

From: Walid al-Zaidi, n: m Q


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The Commission obviously thinks more banks participating in the auctions gives a greater capability to maintain supply and inflation but I think where they are now is intended, especially since Iran and Syria will be wanting dollars for the foreseeable future.


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