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Dinar Support Committee: Positives will occur in the dollar crisis in Iraq
[ltr]2023.08.20 - 10:23[/ltr]
[ltr]2023.08.20 - 10:23[/ltr]
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Baghdad - Nas
The Iraqi Dinar Support Committee intends to take new measures to limit the dollar's rise in the markets.
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A member of the committee, Omar al-Sudani, said in a statement to the official newspaper, followed by “Nass” (August 20, 2023), that “the committee, headed by the advisor to the Prime Minister, Qassem Al-Dalimi, recently took a decision to open accounts for merchants in the (TBI) Bank who hold the identity of the Baghdad Chamber of Commerce from the category of individuals.” Pointing out that "this decision allows them to transfer $100,000 per month."
He added, "Traders resorted to this measure, hoping that it would be a solution to the crisis, and limit the dollar's rise in the black markets."
Al-Sudani said, "Traders praised this decision in cooperation with the head of the Baghdad Chamber of Commerce, Firas Al-Hamdani, and its implementation has been initiated, and its advantages will gradually appear on the decline in the price of the dollar in the market."
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