Central Bank: To Sell More Than $3 Billion Is Normal and There Is No Money Laundering
|May 26, 2012||Filled under Iraq Daily News|
Shafaq News/ Central Bank of Iraq, selling more than three billion dollars last April as something natural, and denied that there will be laundering money in those sales, he stressed that dealing with banks and Iraqi banks are in accordance with the law.
The deputy governor of Central Bank of Iraq the appearance of Mohammed Saleh in an interview with “shafaq News” that “the rate of sales of the month of April if more than three billion dollars, it may take the form moderate compared to rates last year,” adding that “the conditions of the current year differs from the previous in relation to the terms and conditions set by the Central Bank of Iraqi traders to buy foreign currency. “
Salih said “selling more than three billion dollars in the light of the current economic situation and the Iraqi market is witnessing increasing demand for the currency in addition to the existing procedures followed by the Central Bank in the sale is a natural matter.”
The head of the Iraqi National Congress Ahmed Chalabi revealed in an interview with the channel “Asia” of his own party, for the central bank sold in April last 3.180 billion at 1170 dinars per dollar, “noting that” a large amount of dollars equal to 3.5 trillion dinars. “
Chalabi said “We have to ask and look who has this amount of Iraqi currency to buy out the large amount of dollars”? But he also said that “the government and the leak is the only position to do so,” he said.
Chalabi said “Five Iraqi banks bought during the month of April 2 billion and $ 73 million and this amount is too large for the assets of these banks if we want to know the truth we have to know where you came this money and ask who they are clients of these banks who bought this amount of dollars and turned to the outside? “.
The deputy governor of the Central Bank denied laundering money accompanied the rate of dollar sales, stressing that “the office on investigating money laundering and suspicious transactions that cause damage to the security of national economic with security support.”
Salih pointed out that “the central bank to deal with banks in accordance with Iraqi law, which give them a work permit, according to activity of the bank regardless of that was great or small, everyone is equal.”
Related Iraqi Articles-
Iraqi Dinar: Scam or God-Send?
Iraqi Dinars: Smart Investment or Smoke and Mirrors?
Iraqi Dinar Revaluation Soon
Iraq Dinar Value Seems Likely To Significantly Increase
The Recent Iraq 2011 Budget May Have Leaked the Coming Currency Revaluation
Buy New Iraqi Dinars and Put Them in a Drawer
The Deletion of Three Zeroes From the Iraqi Currency Is a National Demand
Investing in Iraq- What Investors Have Been Waiting For
Gold Dinar Will End Currency Wars