The central bank lifted the daily sales of the dollar

Tuesday 19-05-2015 | 4:45:15

Twilight News CBI / decided on Tuesday to raise the daily sales of the dollar to corporate banking and foreign transfers, pointing to put action to address the situation of some private banks and cash-strapped.

The bank said in a statement responded to Twilight News that he "decided by the Board of Directors' Meeting of the Central Bank, on Tuesday, increasing the share of dollar sales for banking companies and foreign transfers and reducing the length of time for the implementation of foreign remittances."

The bank added that it "also decided to put the necessary measures to remedy the situation of some private banks and experiencing a shortage of liquidity in order to ensure treatment of their positions."

The bank also announced the launch of the amount trillion dinars for private banks to finance small and medium enterprises loans to citizens and approve their own controls.

The bank said it also decided to "approve instructions regulating the work of guaranteed bank loans companies," pointing to "direct economic expert Majid Mohammed Hassan Suri as a member of the Council of the Central Bank of Iraq, a representative of the management of private banks after obtaining the approvals it."