Central Bank announces its continuation to meet all the requests of banks and companies from dollar

Author: ASJ, HA, HH
Editor: HA, HH

5.8.2015 1:18 p.m.

Long-Presse / Baghdad
The Central Bank of Iraq, on Wednesday, continuing to meet all requests for banks and companies of the dollar, and denied that he still receives cash deposits.

The bank said in a statement received (range Press), a copy of "continuous Bank to meet all the requests of banks and companies from the dollar according to the instructions window without any change with the acceptance of cash deposits and the various categories."

The statement added that "Ahaat that try to influence the exchange rate is not unfounded."

The Central Bank of Iraq, announced on Tuesday, the daily sales rate to the dollar during the current year 2015, amounted to $ 110 million a day, while pointing out that this is less about last year's average of 22%, confirmed that the foreign currency cover more than "and a half times "For the size of the Iraqi currency in circulation.

And it decided the Central Bank of Iraq, in (June 20, 2015), to stop the deduction of tax and customs secretariats on the amounts due to the dollar remittances, while pointing to direct this decision since June 18 of the current.

He attributed the Governor of the Central Bank on the Keywords, in (June 20, 2015), the high dollar exchange rate to the large volume of imports and the migration of capital, and noted that this phenomenon worthy of study to gain access to economic, political and legal reform process, and in the detection of the launch of building an economic model in the project Iraq, stressed that the country needs an integrated economic model is able to select the tracks and objectives.

And it decided the Iraqi Central Bank on Tuesday (June 16, 2015), considered Saturday formally durable, to meet the need of banks currency, noting that reduced the duration of the special deposit amounts from ten to five days.

And it saw the dollar exchange rate steady rise in the local markets, from about 1200 dinars to the dollar, the beginning of the current 2015 to 1400 dinars currently.