I Get By With Alittle Help From My Friends....
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I Get By With Alittle Help From My Friends....

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Central Bank underlines the lack of assignment instructions for the last auction on the financial

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gente

gente

http://www.sotaliraq.com/business.php?id=5652#ixzz1ljVRN6or




Central Bank underlines the lack of assignment instructions for the last auction on the financial

07/02/2012 | (Voice of Iraq) - Add Comment - Baghdad / However - Maher Abdel-Latif said the central bank, Tuesday, not the abdication of the last instruction of the window on the foreign currency tagged "financial auction."


The central bank adviser said Mohammed Saleh, told the future: The new regulations require customers ratification Skokhm by banks that have accounts and are subject identities and Msthompskathm audit to prevent the sale of foreign currency to non-Iraqis, noting that these instructions will not be waived, because the currency of Iraq covered and locked, and we have many means to feed market in foreign currency.

He added that the instructions were issued after the rise in applications to buy the dollar, saying it stood by the beginning of last December's highs reached $ 400 million, and between: We Azina for internal reasons Calanzhab U.S. and rumors about the security and the relationship of demand for the dollar and the expansion of the budget public, and external causes such as sanctions on Iran and Syria, praising at the same time, Government's request exception of Iraq from the sanctions resolution against Iran, he said that Iraq does not have ports with other countries in the world, especially since the local production of Iran covers many of the needs of the Iraqi market.


and expected benefit of The Iraqi dinar is witnessing a huge boom in the future, noting "it is almost hard currency because it is covered completely in foreign currency, and there is free transfer."

Panhead

Panhead
Admin

wonder what they consider a "huge boom"?

gente

gente

Who knows with the way their articles translate..they could be talking about a car bomb that had dinars in it for all we know....

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