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The Central Bank of Iraq: Merchants can obtain dollars..and cash payment has become disciplined
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Mubasher: The Central Bank confirmed that the cash payment of the dollar became disciplined with the procedures of the electronic platform, which prompted a decline in its price in the market. Because it is now available through the platform.
The Central Bank's advisor, Ihsan Al-Yasiri, said that all merchants, including small merchants, have become able to obtain dollars through the electronic platform, and the cash payment of dollars has become disciplined with the procedures of the platform, according to the Iraqi News Agency (INA).
Al-Yasiri added that, in light of this, it is natural for the dollar to begin to decline against the dinar in the market due to its normal price set by the Central Bank. Because the dollar is a commodity like any other commodity whose purchase requests are met.
And he continued: “As long as the dollar purchase requests are met through the platform, there will remain no reason for the merchant to sell in dollars, and we hope that the sale will be in dinars only because it is the country’s currency, and secondly, there is no reason to stick to a specific price, because the dollar is available to those who ask for it, such as the merchant and those who need to travel for treatment, the traveler and the student who is studying.” outside . "
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Central Bank of Iraq
April 25, 2023 01:08 PMMubasher: The Central Bank confirmed that the cash payment of the dollar became disciplined with the procedures of the electronic platform, which prompted a decline in its price in the market. Because it is now available through the platform.
The Central Bank's advisor, Ihsan Al-Yasiri, said that all merchants, including small merchants, have become able to obtain dollars through the electronic platform, and the cash payment of dollars has become disciplined with the procedures of the platform, according to the Iraqi News Agency (INA).
Al-Yasiri added that, in light of this, it is natural for the dollar to begin to decline against the dinar in the market due to its normal price set by the Central Bank. Because the dollar is a commodity like any other commodity whose purchase requests are met.
And he continued: “As long as the dollar purchase requests are met through the platform, there will remain no reason for the merchant to sell in dollars, and we hope that the sale will be in dinars only because it is the country’s currency, and secondly, there is no reason to stick to a specific price, because the dollar is available to those who ask for it, such as the merchant and those who need to travel for treatment, the traveler and the student who is studying.” outside . "
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