CBI authorization to reduce the dollar exchange rate to enhance the value of the dinar, 1 feb
Iraqi Central Bank coverage a number of private banks Bmzadeh public for the sale of foreign currency and increase the share financial auction granted to exchange companies and authorize bank governor validity reduced dollar against the Iraqi dinar.
According to a statement of the bank received Agency (news): Board of Directors took this bank many decisions to encourage banks Baghdad, credit and Mansour in the first phase and later include all licensed banks to open letters of credit and funded by the Central Bank of Iraq in accordance with the mechanism designed for this purpose, in addition to the continuation of these banks in the entry window sale of foreign currency.
«Central» authorization to reduce the dollar exchange rate to strengthen the dinar value
The Central Bank decided to include a number of private banks in Basra openly sell foreign currency, increasing the share of Basra offered to exchange companies and authorize the Governor authority to lower the price of the dollar against the Iraqi dinar.
The Bank said in a statement received (News Agency): the World Bank’s Board of Directors adopted several resolutions encouraging Iraqi banks and credit and Mansour as the first stage and later include all licensed banks open documentary credits, financed by the Central Bank of Iraq in accordance with the mechanism set up for this purpose in addition to the continuation of these banks in the entry window selling foreign currency.
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