CBI: a new mechanism will be announced within a few days to deal with branches of international banks : 17/07/2012

Announced the Central Bank of the dollar exchange rate is still higher than the required level, although control of the operations sold in the auction day, revealing a new mechanism will be announced within days to deal with branches of international banks.

Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told the reporter Agency (JD) that dollar exchange rate on the Iraqi market is still above the required level, although the control of the Central Bank of the quantity sold from the auction day, due to some irregularities here and there, explaining that the speculators are still exercising their activity in the market despite the scaling of their work and the freezing of their activity through strict measures adopted by the Bank in the sale of dollar during the last period that followed the attacks on the foreign currency strong middle of last year until earlier this year.

He added there is a new mechanism will be announced in the coming days to deal with branches of international banks in the subsequent period after the imposition of import license system.



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