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[size=36]Central Bank: We have registered a list of the names of complexes and companies that are not committed to the exchange rate[/size]
Economy| 09:50 - 04/14/2023
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Baghdad - Mawazine News
Today, Friday, the Central Bank of Iraq stressed the need to oblige all providers of goods and services inside Iraq to the official exchange rate and the use of the Iraqi dinar, stressing the importance of giving it the main role in the economy, while revealing the registration of a list of the names of non-compliant complexes and companies.
The Deputy Director General of the Investments Department at the Central Bank, Muhammad Yunus, said in an interview with the official agency, which was followed by Mawazine News: “The Central Bank issued three circulars obligating the owners of residential complexes and companies at the official dollar price and pricing in Iraqi dinars, based on the decision of the Council of Ministers, which stipulated obligating the authorities All government and the private sector to price their products in Iraqi dinars and receive the local currency at the official exchange rate," pointing out, "some of them adhered to the instructions, while the other part is still not committed."
He added, "The Central Bank registered a list of residential complexes and violating companies, including car companies that are not committed to the exchange rate, in clear violation of the decisions of the Council of Ministers, and we sent the list to the Investment Authority to hold them accountable."
He pointed out, "All providers of services and goods inside Iraq must abide by the official exchange rate, and their dealings are in the local currency," stressing that "the dollar is a foreign currency used for international payments abroad, and the Iraqi dinar must have the main role in the economy, not the dollar." .
The Deputy Director General of the Investments Department at the Central Bank, Muhammad Yunus, said in an interview with the official agency, which was followed by Mawazine News: “The Central Bank issued three circulars obligating the owners of residential complexes and companies at the official dollar price and pricing in Iraqi dinars, based on the decision of the Council of Ministers, which stipulated obligating the authorities All government and the private sector to price their products in Iraqi dinars and receive the local currency at the official exchange rate," pointing out, "some of them adhered to the instructions, while the other part is still not committed."
He added, "The Central Bank registered a list of residential complexes and violating companies, including car companies that are not committed to the exchange rate, in clear violation of the decisions of the Council of Ministers, and we sent the list to the Investment Authority to hold them accountable."
He pointed out, "All providers of services and goods inside Iraq must abide by the official exchange rate, and their dealings are in the local currency," stressing that "the dollar is a foreign currency used for international payments abroad, and the Iraqi dinar must have the main role in the economy, not the dollar." .
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