Central banks announce direct funding accounts for

Central banks announce direct funding accounts for

CENTRAL BANKS ANNOUNCE DIRECT FUNDING ACCOUNTS FOR THE PURPOSES OF THE FOREIGN CURRENCY AUCTION

BAGHDAD / obelisk: Central Bank of Iraq, on Monday, a number of banks directly funding accounts for the purposes of the foreign currency auction.A statement issued by the bank and got “obelisk”, a copy of it, that “a large number of Iraqi banks started financing open accounts in the bank for the purpose of an auction of foreign currency, according to the new regulations recently approved by the Bank.”

The central bank had decided, earlier, not allowing banks to enter the market to buy the currency, but the condition put their money in the bank.

almasalah.com

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