CBI: exchange rates fixed, and cash reserves is subject to licensing rounds

CBI: exchange rates fixed, and cash reserves is subject to licensing rounds

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Central Bank: The exchange rates fixed, and cash reserves is subject to licensing rounds
Adviser said the Iraqi Central Bank the appearance of Mohammed Saleh said Thursday that the Iraqi dinar exchange rate against the U.S. dollar fixed and stable now.
Salih noted that the situation in the foreign exchange reserves are subject to including the outcome of the oil licensing rounds, which will hopefully raise Iraq's imports of Finance.
He added that the policy of the central bank depends on maintaining the stability of the currency exchange rate, which currently stands at 1170 dinars per dollar, indicating that monetary policy is usually not fixed in absolute terms, the interference of the Central comes to meet the need of the customers dollar for legitimate purposes.
The rumors had been fired in the domestic market during the past two days, suggesting that the central bank will cut the exchange rate from 1170 dinars to the dollar to 1000 dinars per U.S. dollars.
He pointed out that what is said about the low exchange rate or stop the currency auction just rumors aimed at selfish gains only,

*** especially since the transfer abroad is permissible, and the freedom of foreign exchange, not intersect with the law on combating money laundering and money, crime and terrorism, noting that all the money which do not intersect with the law is free money and the owners are free to remittances, so we build a stable economy we do not need to resort to crisis or to surprise the audience, and these policies, if any, it will be visible and clear without relying on underground.

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