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BatmaninIraq
06-16-2015, 09:53 PM
Central bank decisions will contribute to reducing the price of the dollar

Baghdad/Al baghdadia news. Confirmed the Association of private banks in Iraq,

on Tuesday, that the decisions of the Central Bank will lower the dollar exchange rate. And President of the Association of private banks said Wadih Handal in a statement received by Al-baghdadia/news/copy, “the CBI is trying through its procedures and mechanisms exist to support the Iraqi dinar and create an atmosphere suitable for the banking business and in cooperation with private banks as a United team.”

Handal said that “the decision of the Central Bank last increased working days of auction and as routine work day Saturday to meet the demands of the banks of foreign currency, in tune with the needs of banks from foreign currency dollar and facilitate the work of the banks”.

The other resolution by reducing the period of deposit amounts from 10 days to five will contribute directly to the reduction of the dollar exchange rate dinar this will we recognize him during the next few days, “pointing out that” Association will be supportive of the resolution to serve the public interest.