Central Bank: Identification of a commission selling the Iraqi currency ten dinars only be added to the price of the dollar

23/02/2012 | (Voice of Iraq) - Add Comment - Baghdad (news) The Deputy Governor of the Central Bank of the appearance of Mohammed Saleh select commission that the bank selling the Iraqi currency ten dinars only be added to the price of the dollar set at a reasonable price, indicating that monetary policy is controlled them. Saleh said (of the Agency news) on Thursday: that there are differences in the market for the dinar exchange rate against the dollar in different parts of Iraq, which called for by the Central Bank to impose special measures against market speculation through the identification of a commission to sell the currency ten dinars only added to the price of the dollar and set a thousand and one hundred and seventy-nine dinars. He added that the central bank decided not to receive a bank or company money transfer or franchise more than a commission set starting on Wednesday (February 22 cur) also can not create the price of the last is that the cost Central Bank is (1179) dinars per dollar, which was originally (1166), but added it (13) JD commission, banks and companies charge (10) JD shared, noting that it should not exceed price for (10) dinars for central bank rate for the commission . For his part, said Iraqi Central Bank Governor Sinan Shabibi in an interview with him (the news): it is possible to Ntmon everyone, be they in government or the House of Representatives or the citizen himself and that monetary policy and the dinar policy controlled and that there are reserves of so-called cover currency, a In fact, adequate and will ensure that the march of the dinar in the country. The Central Bank of Iraq revealed on the sixth of January 2012, a rise in reserves of foreign currency into (60) billion dollars for the first time in the history of Iraq, after it had been in 2010 had reached (58 billion). and Deputy Governor of Central Bank of Iraq appearance of Mohammed in the ninth of January 2012: that the high exchange rate of the dollar against the Iraqi dinar in the Iraqi market as well as higher sales of the Iraqi Central Bank foreign currency, due to the financing of trade in the neighboring countries by Iraqi traders. The central bank held the Iraqi daily sessions for buying and selling foreign currencies with Iraqi banks that fund the traders from the private sector except for public holidays on which depends the World Bank for these auctions and the sales either in cash or in the form of money orders sold out for a commission of certain.

Read more: http://www.sotaliraq.com/business.ph...#ixzz1nFU68zzJ