Central Bank starts the application of the new system of remittances and confirms the continued sale of the dollar under the new mechanism
25/02/2015 09:55
Conscious / Central Bank starts the application of the new system of remittances and confirms the continued sale of the dollar under the new mechanism
Conscious / Baghdad / m L
Iraqi Central Bank announced today the implementation of a new system of remittances and sell the currency.
According to a statement of the Central Bank received ( and the Iraqi News Agency Information / INA ) a copy of it, that "the new system adopted in remittances to the dollar over themechanism and methods used market, the economy and control of the dollar exchange rate against the dinar, stressing that" this system does not mean that the bank will stop dollar cash sale of banks and banking companies, but will continue to sell in accordance with the new mechanism. "
The Central Bank of Iraq was established independently as a bank under a law issued on the sixth of March 2004 as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies being sessions daily for buying and selling currencies.
T. A P
al-iraqnews.net
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