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The Iraqi dinar loses 10% of its value, and the Central Bank's sales reach 225 million dollars
[size=11]15:02 - 10/3/2020
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[size=11]15:02 - 10/3/2020
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The Parliamentary Finance Committee warned, on Saturday, that the value of the Iraqi dinar had decreased by 10% during the past days, indicating that the Central Bank's sales reached 225 million dollars.
The head of the committee, Haitham al-Jubouri, told / the information / that “the central bank is the party concerned with the issue of exchanging the dinar for the dollar through governmental and private banks,” adding that “entering materials and ensuring the validity of the invoices through the border outlets is the jurisdiction of taxes and customs.”
He explained, "The Central Bank sometimes exceeds the obstacles and instructions in order to provide the Iraqi dinar, which is supposed to maximize non-oil revenues," stressing, "the drop of the Iraqi currency to 10% of the expected total value."
He continued that "all salaries are paid through the Iraqi dinar," noting that "the rate of sale of currency through the central bank reached 225 million dinars during the past days to secure the Iraqi currency." End / h 25
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