Central Bank starts the application of the new system of remittances and sell currency
February 25, 2015
Central Bank announced on Wednesday, to start applying the new system of remittances and sell the currency.
According to a statement of the Central Bank announced today that “the bank began on Wednesday, the application of the new system of remittances and sell the currency, and denied stopped selling the dollar operations.”
The governor of the Central Bank of Iraq on the Keywords announced that it “is not true that the central bank remains preoccupied with selling the currency like ATM daily” . In the same vein, a report revealed issued by the Central Bank of Iraq, saying, “Based on the provisions of the Iraqi Central Bank Act for the purpose of achieving the objectives of the Bank and the stability of the Iraqi dinar exchange rate against foreign currency through the optimal use of foreign exchange resources to meet the needs of all and not the central occupancy of functions which are from the heart of the work of the banking system and the relevant departments, with a commitment to the requirements of the law against money laundering and terrorist financing Central decided to new instructions issued in this regard. ”
Commented Economists and Financial on the decision to stop the bank’s daily currency auction that means cancel the sale by remittances, and cash sales will continue , explaining that he came to curb money laundering and smuggling of currency, warning against complacency and inaction in the follow-up to the point of money that banks purchased from the bank, stressing the need to follow the legal procedures that banks in converting Alambalg.
source
2-24-2015
Ministry of Finance: the amount that reaches Strzle Baghdad Thursday
Undersecretary of the Ministry of the Iraqi Finance Fadel Prophet, on Tuesday, the readiness of the amount to be sent by Baghdad to the Kurdistan region, noting that it will arrive next Thursday.
The prophet of the network Roudao media, that “the amount of 250 billion dinars, to be sent to the region, delayed Because of the lack of a transport plane between the Central Bank of Iraq and Erbil. ”
He said the Deputy Minister of Finance, said that “other sums of money sent to the region is linked to the political dialogue between the two governments in Baghdad and Erbil.”
The Iraqi Ministry of Finance has decided an official letter issued on the date of 22/2 / 2015 to send the amount of 250 billion dinars to the Kurdistan Region.
