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Central Bank confirms its continued support for banking activity in accordance with the stated policy (posted for oogie)

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tlm724

tlm724
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Central Bank confirms its continued support for banking activity in accordance with the stated policy

Alsumaria news -23/05/2013-1: 11 pm | Hits: 29

Alsumaria news/Baghdad
The Central Bank of Iraq, said Thursday, continuing to support the banking activity in accordance with the stated policy, calling on all relevant parties to avoid irresponsible remarks that are not consistent with the facts.

The Bank said in a statement today, and received "alsumaria news", "Central Bank Governor Abdel Basset Turki said agency contract today, meeting with a number of Directors Commissioners and officials from the private banks", stating that "the Governor stressed during the meeting the Bank's continued support of banking activity in accordance with the stated policy, so what qualifies these banks to play their part and contribute to national Avenue in the Iraq economy".

The Bank previously announced that the only bookmark management and monetary policy announcement on Iraq, calling on all relevant parties to "avoid the irresponsible remarks that are not consistent with the facts."

The Bank said it "will continue to advertise in a transparent manner all the pledges of monetary policy actions to the public and stakeholders."

The CBI was established as an independent bank under its law of the 6th of March of 2004, as an independent body, is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and procedures per day to buy and sell foreign currencies, except for official holidays which stops the Bank auction.

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