Investigates outlets selling currency in private banks and monitors wonders

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[size=52]Investigates outlets selling currency in private banks and monitors wonders[/size]

[size=45]Al-Zaman investigates the outlets for selling currency in private banks and monitors wonders
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of citizens struggling to wait in the hope of buying dollars at the official rate.[/size]
[size=45](Time) investigates outlets for selling currency in private banks and monitors wonders[/size]
[size=45]Yesterday, Al-Zaman newspaper investigated the outlets for selling currency in private banks in Baghdad, and monitored the wonders in the process of granting dollars to citizens wishing to travel for the purposes of treatment or study, who expressed their strong dissatisfaction after waiting for hours without a breakthrough. The Central Bank sells dollars to citizens at the official rate, and found that (the mechanism of selling and registering those wishing to travel or those whom the bank specified to include within the monthly quota of 7 thousand and 500 dollars, that most of them are only spent on ten people only, justifying that to close the platform by the Central Bank).Al-Zaman asked during her tour of the citizens who were waiting for their turn to enter the bank, and they said, “We went out in the early morning hours hoping to get dollars to travel abroad, but we were surprised by strange procedures by these banks, as Bank S says that registration is by filling in Information and then ten, you are waiting to receive the monthly quota, while Bank Y will admit ten people and then close its doors in the face of citizens, justifying this by closing the platform by the Central Bank, while other exchanges do not receive us and have different instructions), and the citizens asked (where do the quotas go Which are received by these banks and exchanges from the currency auction window?), and they emphasized that (most currency dealers receive citizens’ shares in agreement with these banks, and we call on the Central Bank and the regulatory authorities to deal seriously with complaints and not to delay this file, since these outlets seize the rights of others and send Daily lists of fake names, or whose owners were registered, but they were not grantedThese amounts, and this is the case, apply successively for other days, and with the same procedures for fraud and fraud), as they put it.And the citizens added (if the central bank sells such a million dollars a day, then where does the currency go if the citizen does not get his monthly share that was determined according to a package of measures launched by the bank’s administration a few days ago), calling on the government to (instruct its supervisory agencies and national security detachments to follow up on these banks that dominate On the currency without disbursing it to citizens wishing to travel for the purpose of treatment or study), and they said that (there are some people who sneak among those standing and enter directly into the banks, and then get the prescribed share without trouble or hardship, as it seems that there is a prior arrangement that took place with these people, Otherwise, how can this be explained while we are waiting for hours without results), stressing (the need to end what they described as farces that take place inside these banks, which refuse to provide citizens with dollars, ignoring the central instructions to dominate the currency and trade in it without accountability or supervision), and the citizens renewed (the call to The bank restricts currency exchange through government banks only, to limit speculative operationsWhich still affects the exchange rate in the markets as a result of the scarcity of the dollar in the markets and the failure to meet the need of the citizen who was overcome by despair of waiting for hours without obtaining his need of the currency, which leads him to buy the dollar from the owners of money changers at a price of 150 thousand dinars per hundred dollars). And they added that (the bank's procedures did not contribute to achieving stability in the markets, even after reducing the exchange rate to 1320, as the exchange rate is still 20 thousand dinars from the official rate).[/size]
[size=45]The exchange rates of the dollar were stable in the local markets. The selling prices were recorded at 152,500 dinars per 100 dollars, while the purchase prices were recorded at 152,000 dinars per 100 dollars. And the bank decided, earlier, to adjust the exchange rate of the dollar against the dinar, as the price of buying a dollar from the Ministry of Finance reached 1300 dinars per dollar and sold it at 1310 dinars per dollar to banks through the electronic platform, and it is sold from banks to the final beneficiary at a price of 1320)[/size]
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