«Central»: sales of 4.5 billion dollars in the Bank for banks

13 02 2016
Economy: fiscal and monetary situation controlled


The CBI said rising sales of banks compared with last year to more than $ 1 million.

The Bank said in a press statement, the dollar sales of banks reached since the beginning of this year until today (yesterday), four billion and 537 million and 758 thousand and $ 568.

The Bank said that "this amount rose over the same date last year 2015 which reached sales of three billion 521 million and 129 thousand dollars.

The Bank noted that the selling price for transfers to bank accounts abroad is 1190 dinars to the dollar, while the cash sale price 1190 dinars per dollar.

The CBI had announced that its banks by 2015 more than 44 billion dollars.

The Central Bank stressed that dollar sales of banks reached since the beginning of last year until the end of December, 44 billion and 303 million and 800 thousand and $ 966.

The Bank said that "these decreased quantity than on the same date last year 2014 where 51 billion sales amounted to 537 million and $ 949.

He added that '' the selling price transfers to bank accounts abroad are 1187 dinars per dollar, including the Central Bank and the Commission of 21 dinars to the dollar, while the cash sale price 1190 dinars per dollar in the Central Bank and the Commission annexed 24 dinars to the dollar.

On another level, the head of the Parliamentary Commission on the economy and investment, Jawad Al-Bolani that fiscal and monetary situation in Iraq «controlled», called for serious cooperation to overcome the current stage.

Al-Bolani said in a press release that, "after reviewing the procedures and measures taken by the Central Bank of Iraq in light of the Committee's visit to the World Bank, the financial and monetary situation Iraq controlled».


Al-Bolani said, '' We found during our visit and plans important initiatives at the Central Bank to achieve its goals and development goals, calling for '' serious and constructive cooperation to overcome the current stage».

The Commission on economy and investment representative attributed the deterioration of the economic situation the absence of strategies and plans over the years, indicating that the ill-advised decisions led to chaos in all institutions.

Najiba, said Committee member Najib, the ill-advised decisions and the absence of strategies is the cause in the deterioration of the economic situation in the Iraq, the lack of governance created a kind of wasting funds and disorder in government institutions.

Najib said that "economic and security failures leading to that there is seriously taking steps that came from a need and not a desire for change, since the Government caught the reins now and develop plans and programs to solve the economic problems».

Iraq reportedly undergoing economic hardship owing to lower oil prices as President of State budget-funded.

© Morning new 2016

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