FC: you must commit the selected controls banks to sell hard currency to prevent a recurrence of the smuggling abroad

Ali Salman-24/06/2012-6: 59 am | Hits: 59



Economic/soldier killed, news


Member of the Finance Committee, called on Deputy/block change/shoresh Haji Mustafa, to compel banks to specific controls to sell hard currency to prevent a recurrence of the smuggling operations abroad.

Haji said that a recent Central Bank to open multiple ports to sell hard currency in all Iraqi banks, would help stabilize Iraqi dinar against the dollar, but with specific controls must oblige banks to prevent the occurrence of cases of smuggling currency abroad.

He noted that when the Central Bank allowed banks to sell hard currency to follow certain mechanisms manifesto on how to sell, but most Iraqi banks failed to abide by the legal proceedings and may still existing smuggling because of the lack of effective control by Central.

The monitoring committees must be formed to follow up the work of Iraqi banks regarding the sale of hard currency to prevent the return of smuggled abroad, as they will affect the national economy and the local currency.