Established in 2006 as a Community of Reality

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


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The percentage difference between the official and the market is stable at 13%..the difference of 20

    Rocky
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    • Post n°1

    The percentage difference between the official and the market is stable at 13%..the difference of 20 Empty The percentage difference between the official and the market is stable at 13%..the difference of 20

    Post by Rocky Fri 10 Feb 2023, 5:35 am


    [size=30]The percentage difference between the official and the market is stable at 13%..the difference of 20,000 dinars is fixed even after the reduction

    2023-02-10
    [/size]
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    Yes Iraq: Baghdad

    Today, Friday, the exchange rates of the dollar in the markets and stock exchanges exceeded the barrier of 150,000 dinars, a difference of 20,000 dinars from the official price of 1,320 dinars per dollar.
    The selling price was 151,000 dinars per 100 dollars, while the purchase price was 150,000 dinars per 100 dollars, in the capital, Baghdad.
    And it appears from the prices that the difference between the market and the official price maintains its level of about 13%, which represents a price difference of 20 thousand dinars over the price of 100 dollars between the market and the official price, as when the official price was 146 thousand dinars for every 100 dollars, it was exceeding in the market The 166 thousand dinars, with a difference of 20 thousand dinars.
    And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the price of purchasing dollars from the Ministry of Finance reached 1300 dinars per dollar and (1310) dinars per dollar, the price of selling dollars to banks through the electronic platform and (1320) dinars per dollar. Dollars The selling price of dollars from banks and non-bank financial institutions to the final beneficiary.
     
    Hence, it appears that the step of reducing the dollar against the dinar contributed to reducing the price in the parallel market, but the margin of difference is still the same as it was before the step of reducing.
    The reduction, which amounted to more than 10% in the price of the dollar, which was taken by the government, contributed to lowering the price of the dollar by this percentage, as well as the loss of the state and the increase in the budget deficit also by 10%, and the merchants and owners of illegal purchases obtained the dollar at a cheaper rate by 10% as well.
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