CBI Includes Three Official Bodies to Sell the Currency for the Purpose of Travel
|August 27, 2012||Filled under Iraq Daily News|
BAGHDAD / Bri Center for the Iraqi Media Network – said the Iraqi Central Bank that gives banks and banking companies and money transfer companies specific amounts of dollar a week to sell to the citizens for the purposes of travel.
The deputy governor of the Bank the appearance of Mohammed’s (Center Brief for the Iraqi Media Network) that “the dollar is sold for travel until ten thousand dollars, and we give each bank a week up to two million dollars, except bank Rafidain and Rasheed, who share one of them up to five million dollars.”
He added that “the central bank also gives all banking companies and money transfer companies has registered 75 thousand dollars for each of them a week also sold it to the citizens for the purposes of travel and banking offices and remittance companies are also present in the provinces.”
He continued that “about 40 to 50 million are sold to banks and banking companies mentioned and financial Althobl companies, all for the purpose of travel.”
The auction sale still hard currency in the country’s controversial political and mutual accusations of the existence of corruption cases.
The main tasks of the Iraqi Central Bank to maintain price stability, and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking sector.
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