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A new measure by the Central Bank of Iraq will raise the exchange rate of the dollar

Rocky

Rocky: Admin Assist; Posts : 269703
Join date : 2012-12-21

Post n°1

A new measure by the Central Bank of Iraq will raise the exchange rate of the dollar

by Rocky Sun 29 Jan 2023, 4:53 am

A new measure by the Central Bank of Iraq will raise the exchange rate of the dollar

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2023-01-28 13:36
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Shafaq News/ An official source in the Central Bank of Iraq revealed today, Saturday, that the bank has taken a new step, which will lead to an increase in the exchange rate of the dollar against the Iraqi dinar in the local market.
The source told Shafaq News agency, "The Central Bank of Iraq will work from tomorrow, Sunday, to stop (cash sales), and cash will be sold only through an electronic platform, which will reduce the value of cash sales."

And between the source, who asked not to be named; That “the Central Bank of Iraq will not sell after tomorrow, Sunday, anything cash to banks, exchanges, and merchants directly except through an electronic platform, and this matter will cause a rise in the exchange rate of the dollar, so there will be a great demand for the dollar due to stopping (cash sales), and the dollar may reach to high levels exceeding 1750 per dollar.
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A new measure by the Central Bank of Iraq will raise the exchange rate of the dollar

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