Finance parliamentary: INCREASE DOLLAR SALES DO NOT AFFECT the CASH RESERVE (07/20/2013)

[ALBUNDY]

Finance parliamentary: increase dollar sales do not affect the cash reserve

 

07/20/2013 

 

 

 

 

 

Baghdad ruled out by the Finance Committee secretary Hadi Abbas, influenced by increase in sales of the Central Bank of the dollar in the auction on the monetary reserves of hard currency, stressing that the bank has no fixed roof of the sale, but selling by the actual need of the market.

 

 

 

 

Abbas said: that the bank's policy CBI special sale of hard currency has no fixed roof of daily sales, but according to the market needs of both traders Aoualemredy Aoualemsavrin to the dollar.

 

 

 

 

said: that most of the private banks to take over a large proportion of sales of the bank, and this is due not to accommodate the new policy adopted by the central bank about buying and selling, noting that the central bank is not responsible for it.

 

 

 

THE LINK : http://www.alestiqama.com/news.php?cat=business&id=2609

 

[sandfly]

THANKS

[MyLadiesDaddy]

Another article stating that, OUR RESERVES ARE NOT AFFECTED. 

 

Seems to be important to get that out this weekend.