Central Bank denies the existence of points of currency funds to the Iraqi market
Baghdad (News) 4 May 2010 01:44 AM
Denied CBI Metrdd from news that some bodies are funded currency to the Iraqi market without the Central Bank
Bank adviser said Dr. appearance of Mohammed Saleh (of the Agency by news) on Tuesday: "The bank is only authorized the financing market, currency, and vacate the country in the world of economic crimes Therefore, one of the Zivatna is the fight against crime, money laundering and combating the rumors, noting that the Office of anti-money laundering, NBD's work professionally and where many of the inspectors
He said the bank is to determine the relationship of the Iraqi Dinar to other currencies, either U.S. dollars or other, and Iraq dollar area, because that 95% of its income from foreign currency is one of the oil, the oil market is a market dollars.
He ruled in favor of Iraq to see again the crises of inflation, reported that the treatment adopted by the Bank in the face of inflation Haditha, Iraq, and economic reform program has significant side effects, and when Iraq entered into arrangements with the International Monetary Fund had an impact, including high fuel prices.
It should be noted that the bank said in a statement earlier that the monetary and fiscal policy in Iraq has not and will not Ttatra global financial crises. / Finished / (2. N. R)
4 May 2010 01:44 AM
Baghdad (News) 4 May 2010 01:44 AM
Denied CBI Metrdd from news that some bodies are funded currency to the Iraqi market without the Central Bank
Bank adviser said Dr. appearance of Mohammed Saleh (of the Agency by news) on Tuesday: "The bank is only authorized the financing market, currency, and vacate the country in the world of economic crimes Therefore, one of the Zivatna is the fight against crime, money laundering and combating the rumors, noting that the Office of anti-money laundering, NBD's work professionally and where many of the inspectors
He said the bank is to determine the relationship of the Iraqi Dinar to other currencies, either U.S. dollars or other, and Iraq dollar area, because that 95% of its income from foreign currency is one of the oil, the oil market is a market dollars.
He ruled in favor of Iraq to see again the crises of inflation, reported that the treatment adopted by the Bank in the face of inflation Haditha, Iraq, and economic reform program has significant side effects, and when Iraq entered into arrangements with the International Monetary Fund had an impact, including high fuel prices.
It should be noted that the bank said in a statement earlier that the monetary and fiscal policy in Iraq has not and will not Ttatra global financial crises. / Finished / (2. N. R)
4 May 2010 01:44 AM