Central Bank: $ 3.25 billion in Iraqi banks rolling average



04/08/2012 03: 51

Baghdad/features & status of the Iraqi media network-
the Central Bank of Iraq for the rolling average of the Iraqi banks with $3.25 billion and is filling 80% of actual market needs.

He appearance of Bank Deputy Governor Mohamed Saleh (Center features & information network) that "the average circulation of the dollar in Iraqi banks $3.25 billion and is filling 80% of the market need.

Saleh said "the Central Bank's ability to meet the market need but these demands worry the Government, Parliament and Central Bank must investigate these applications and their impact on the economy."

The Iraq featuring 38 banks, including seven Government-owned expenses and 23 banks belonging to the private sector and eight Islamic banks.

Tasks of the Central Bank of Iraq to maintain price stability, monetary policy implementation, including exchange rate policies, management of foreign exchange reserves, the issuance of currency management, as well as all sector regulation


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