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[size=33]"Black remittances" continue to hinder the reduction of the price of the dollar in Iraq[/size]
Economic expert Nabil Jabbar Al-Aali attributed, on Saturday, the continued rise in the exchange rates of the US dollar against the Iraqi dinar to black remittances.
Al-Ali told Al-Maalouma, "Irregular black transfers are among the most prominent reasons behind the continued rise in the exchange rate of the US dollar against the Iraqi dinar in the local markets."
He added, "Among the reasons also preventing the decline in the dollar exchange rate is the increasing demand funded for irregular money transfers that take place outside the Iraqi banking system and the Central Bank's instructions."
He pointed out that "
He pointed out that "the owners of black remittances from small merchants, until today, have not used the electronic platform system set by the Central Bank of Iraq in the mechanism of selling dollars."
On Thursday, the exchange rates of the US dollar continued to be unstable against the Iraqi dinar in the capital, Baghdad, and the governorates of northern, central, and southern Iraq. Ended / 25
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- Today 12:37
Economic expert Nabil Jabbar Al-Aali attributed, on Saturday, the continued rise in the exchange rates of the US dollar against the Iraqi dinar to black remittances.
Al-Ali told Al-Maalouma, "Irregular black transfers are among the most prominent reasons behind the continued rise in the exchange rate of the US dollar against the Iraqi dinar in the local markets."
He added, "Among the reasons also preventing the decline in the dollar exchange rate is the increasing demand funded for irregular money transfers that take place outside the Iraqi banking system and the Central Bank's instructions."
He pointed out that "
He pointed out that "the owners of black remittances from small merchants, until today, have not used the electronic platform system set by the Central Bank of Iraq in the mechanism of selling dollars."
On Thursday, the exchange rates of the US dollar continued to be unstable against the Iraqi dinar in the capital, Baghdad, and the governorates of northern, central, and southern Iraq. Ended / 25
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