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Central announces solutions to avoid a shortage of dollar "deviation" in the price of holidays

yota691

By yota691,
in Iraq & Dinar Related News

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yota691 Grand Master

yota691

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Central Bank announces solutions to avoid the shortage of the dollar and the deviation of its price

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Central Bank announces solutions to avoid the shortage of the dollar and the deviation of its price

 

17-07-2017 03:38 PM

 

Euphrates -

 

The central bank announced on Monday to find solutions to avoid a shortage of the dollar 'deviation' in the price of holidays. 

The bank said in a statement that ' in order to avoid the occurrence of any deficiency in the presentation of the dollar in the market , in order to respond to the request without any shortage cause deviations in the exchange rate , it decided to implement the dollar requests declared for the holidays during the days that correspond to the days of the holiday in the previous week to week Attlh.amadava it also decided to implement the dollar applications previously unannounced holidays 'snap' in the day following the day off to make up for the days of disruption.

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  • yota691 changed the title to Central announces solutions to avoid a shortage of dollar "deviation" in the price of holidays
yota691 Grand Master

yota691

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Monday, July 17, 2017 15:27
 
 
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Alsumaria News / Baghdad 
's central bank announced Monday, for finding solutions to avoid a shortage of dollar "deviation" in the price of holidays. 

The bank said in a statement Alsumaria News received a copy of that " in order to avoid any shortage in the presentation of the dollar in the market , in order to respond to the request without any shortage cause deviations in the exchange rate , it decided to implement the dollar requests declared for the holidays during the days that correspond to the days of the holiday week previous week holiday. "

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The bank said it was "also decided to implement the dollar applications holidays previously unannounced" snap "in the day following the day off to make up for the days of disruption." 

And established the Central Bank of Iraq is an independent bank under the law issued on the sixth of March 2004, an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are sessions daily for buying and selling foreign currencies.
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nannab Grand Master

nannab

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1 hour ago, NoviceInvestor said:

Bank Holiday?... It's about time as they haven't had an "official" holiday for a few days... 

 

1 hour ago, Half Crazy Runner said:

 

These folks do obsess about their holidays ...

 

That's ok we will be getting our permanent holiday from work ah soon

with the largest retirement party the world has ever seen. :twothumbs:

 

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copper13 Newbie

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11 minutes ago, dinarham said:

AM I GOING NUTS AGAIN ,OR DID I JUST READ WHAT i JUST READ ?  IF THIS DON'T SAY RV ,NOTHING DOES  

That's kinda what I'm thinking? Declare the bank holiday, and a few days later open back with a new valued currency? Just a thought....👍

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jg1 Mentor

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, it decided to implement the dollar requests declared for the holidays during the days that correspond to the days of the holiday week previous week holiday. "

Can we get a translation to the translation please. wtf

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mally2 Enthusiast

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IMO it's just saying that the us dollar gets expensive on holidays when banks are closed and the usd isn't readily available, thus throwing off the bank/street spread of the dinar. They're changing up procedures now to combat this, those double auctions we've been seeing and other procedural changes to keep the street spread in check. It's good news, part of the reforms, but nothing to get too excited over imo

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chinadawg Newbie

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6 minutes ago, mally2 said:

IMO it's just saying that the us dollar gets expensive on holidays when banks are closed and the usd isn't readily available, thus throwing off the bank/street spread of the dinar. They're changing up procedures now to combat this, those double auctions we've been seeing and other procedural changes to keep the street spread in check. It's good news, part of the reforms, but nothing to get too excited over imo

Anything that is a legit part of monetary reform,,,,,Im EXCITED   !!!!

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