Document Type
Original Study
Abstract
The foreign currency auction is one of the indirect instruments of monetary policy resorted to by the Central Bank of Iraq under the provisions of Article 28 of Central Bank Law No. 56 of 2004 for the purpose of controlling the size of the Cash in circulation and pumping foreign currency into the local market to meet the local need and finance foreign trade and maintaining a stable and stable exchange rate for the Iraqi dinar in the market، but the auction quickly deviated from its objectives، achieving huge financial profits for the institutions allowed to participate in it.
Recommended Citation
Kadhim, Ammar Fawzi and Abdul Rasoul, Noor Al-Huda
(2023)
"Subjecting taxes to the profits of entities participating in the foreign
currency auction at the Central Bank of Iraq,"
Imam Ja'afar Al-Sadiq University Journal of Legal Studies: Vol. 3:
Iss.
2, Article 15.
Available at:
https://ijsu.researchcommons.org/ijsu/vol3/iss2/15