23/07/2013 12:00 AM
BAGHDAD - morning
Said one of the private banks for reducing new exchange rate of the dollar to 1179 dinars after it was recently reduced to 1180 dinars. And the administration has decided to Gulf Bank to do this reduction in response to the measures the Iraqi Central Bank to maintain the stability of exchange rates in order to serve the country's economy. Said the chairman of the bank Munir Hassan al-Jubouri told the (morning): The possibility of citizen access to the dollar at a discounted price for the specified price in order to control the fluctuation of prices, service to our national economy and protect consumers from high prices of products and different materials. was the Association of private banks in Iraq announced yesterday for the Assyria and Baghdad bank exchange rates reduced to 1180 indicates that the private banks compete to achieve stability and desired scheme. indicated that there are technical measures taken by the central bank and backed by private banks to lower exchange rates to new figures.