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BatmaninIraq
06-07-2016, 08:57 AM
Central Bank calls on citizens to complain against the dollar sell them at more than 1,200 dinars

6-7-2016

BAGHDAD - A Journal


Called on the central bank, on Monday, the citizens not to be buying the dollar more than the price fixed in 1200 Iraqi dinars per dollar,
According to a statement of the bank received (Journal Nuez) a copy of it, "a confirmation of the directives and instructions for prices and foreign currency exchange, the CBI calls on citizens and merchants who pay more than the amount of 1200 dinars for the dollar and who have purchased from banks or remittance companies or exchange companies (cash or money orders or letters of credit), filed a complaint to the Central Bank with the payment arrived. "
The statement added, "It will be paid to the buyer teams increase by the central bank and deducted from the account of the seller (those above)." Ended 5

BatmaninIraq
06-07-2016, 08:58 AM
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Central taken against speculators, the dollar prices crackdown


 Baghdad / long-Presse

Called on the Central Bank of Iraq, on Monday, citizens and merchants who buy thedollar by more than 1,200 banks or remittance companies to submit a complaint to the bank, and with Iraq Stock Exchange announced 156.459 billion shares traded during the month of May, the value of 37.873 billion dinars, confirmed the rise stock value compared to last April. the Central Bank of Iraq attacked on Saturday (May 28, 2016), banking and financial transfer companies, accusing them of using "forged documents and not tosupplement the local market in hard currency." said the CBI in a statement received "long", a copy him, he "calls on citizens and merchants who pay more than the amount of 1200 dinars for the dollar , which they bought from banks or remittance companies Ohoshrkat exchange cash or money orders or letters of credit, tosubmit a complaint to the Central Bank with the arrived payment , " noting that it "will pay the increase teams the buyer by the central bank and deducted from the account of the seller. " the CBI said that it was" aconfirmation of the directives and instructions for prices and foreign currency exchange. " the Iraqi Central Bank announced recently taken several measures to regulate the work of the offices and corporate banking in Iraq and reducing the phenomenon illegal activities that harm the national economy and raise the price of thedollar, which opened the door presentation to the owners of banking companies to obtain official licenses to practice the profession, as well as the adoption of new mechanisms in the auction of foreign companies ,currencies, raising the amount from 250 to 400 thousand dollars a condition to increase the company 'sshares . grant leave procedures include that the applicant must be experienced and the holder of a college degree and full - time for this work and not convicted of a dishonorable misdemeanor, and not least thecompany 's capital for 500 million Iraqi dinars , as well as other conditions. for its part Iraq Stock Exchange announced that , for trading 156 459 000 000 shares during the month of May, the value of 37.873 billion dinars, while rising stock confirmed its value compared to last April. the executive director of the market ,Taha Ahmed Abdul Salam said in an interview to the (long - Presse), " the Iraq stock Exchange was organized in the month of May last 0.20 trading session , "noting that" the number listed on the market for the month of May , companies accounted for 98 companies were distributed among the (23 banks, two contacts 0.22 industry Co., six farming companies, and ten tourism companies, and ten service companies, and six financial investment companies, and 14 transfer financially, and three insurance companies). " He said Abdul Salam, that" the number of traded shares in the market for the month of May , companies, amounted to 63 companies , "adding," the number of stalled companies from trading by the Securities Commission to stop trading its shares amounted to 16 for failure to submit annual and quarterly disclosure of the company. " He said Abdul Salam, that the " number of shares traded during the month of May amounted to 156.459 billion shares while it was during the month of April 53.492 billion shares, while the value of shares traded in themonth of May amounted to 37.873 billion dinars , while the in April 23.534 billion dinars , "stressing that" themarket recorded a rise in the May index compared with last April. " and on the benchmark index confirmed Abdul Salam, that" the market index (ISX60) closed at the end of last May, on 510.230 points , down by 7.44 compared% its value to close the month of April of $ 551.22 point, "explaining that" the index recorded itshighest rise during the month in the May 4 meeting in 2016, when it closed at 547.150 points, while thelowest low when it closed at 504.950 points in the May 30 session in 2016 ". Abdul Salam and pointed out that " the stock bought by non - Iraqi investors amounted to 4.937 billion shares, while it was in the month ofApril 1.601 billion shares , " asserting that "trades purchased the value of non - Iraqis for the month of may amounted to 4.652 billion dinars , while it was in the month of April 1.672 billion dinars. " The Iraq stock Exchange announced on Thursday (June 2, 2016), about 53.492 billion shares traded during the month ofApril, the value of 23.534 billion dinars, confirmed the stock decline and value compared to March, as revealed for non - registration of the rise or a decrease in the number of listed or traded companies.