News / Baghdad Iraqi Central Bank announced, Sunday, to discuss the report of the Arab Monetary Fund, noting that it came in the normal course of the session 37 of the Council of Governors of the central banks and the Arab Monetary institutions. The bank said in a statement issued today, and received "Alsumaria News", a copy of "Bank discussed the report of the Arab Monetary Fund and the draft Unified Arab Economic Reports for the year 2013, the agenda of the Board of Governors of the banks." The bank said that "the bank governor Abdul Basit Turki usual attended the session 37 of the Council of Governors of the central banks and the Arab Monetary Institutions and conducted its business in Abu Dhabi on Sunday." The Arab Monetary Fund, the Organization of Arab regional, founded in 1976, and began its operations in 1977, and its main objective is to achieve a balance of payments of Member States, and the removal of restrictions on payments between Member States, and to improve cooperation Arab monetary, and encourage the development of Arab financial markets. The Central Bank of Iraq was established as an independent bank under its law issued on the sixth of March of the year 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions daily for buying and selling currencies.
Posted on: Mon, 30 Sep 2013 06:42:12 +0000
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