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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Popular demands for government banks to sell dollars in cash to citizens

    Rocky
    Rocky
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    cash - Popular demands for government banks to sell dollars in cash to citizens Empty Popular demands for government banks to sell dollars in cash to citizens

    Post by Rocky Fri 06 Jan 2023, 7:51 am

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    Time: 01/06/2023 
     
      
    {Local: Al-Furat News} Citizens and merchants called on the government and the Central Bank of Iraq to allow government banks (Al-Rafidian - Al-Rasheed - Al-Sina'i) to include selling dollars in cash, similar to what private banks do.
    And they emphasized in their appeal via {Euphrates News} that "private banks sell dollars in cash for more than $5,000, while there is no government banks withholding that."
    They pointed out, "The generalization of the experiment to government banks and selling them dollars in cash will lead to a reduction in the exchange rate in the market."
    It is noteworthy that, two days ago, the local markets witnessed a return to a slight rise in the exchange rates of the dollar, despite its relatively low days ago, after a series of measures by the Central Bank of Iraq in selling foreign currency at a price of 1460 dinars to travelers exclusively, and at an amount of 10 thousand dollars via the MasterCard card.
    And in the bank's latest measures to control the price of the dollar, it announced last Monday the expansion of the number of bank outlets for selling foreign currency to 20 banks instead of 10 banks.
    The bank said in a statement, "Increasing the amounts allocated to these banks weekly to meet the largest possible number of those covered by the purchase of foreign currency, in accordance with the instructions and controls issued by the bank."
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