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[size=52]An economist determines the percentage of money transfers for merchants.. Will the markets be affected by the parallel price differences?[/size]
- May 25 18:56
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The economist, Nabil Al-Ali, determined, on Thursday, the percentage of money transfers to merchants instead of private banks, and between the fact that these banks obtained the differences in the exchange rate of the dollar.
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Al-Ali said in an interview with Al-Maalouma, that "these days, transfers are made to merchants at approximately 75% of trade and import at the official price, that is, in other words, 75% of the current goods are imported at a price of 1320,” adding: “It is assumed that the markets are not affected by changes And the fluctuations of the parallel exchange rate until the exchange rates reached 2000 dinars for one dollar.
He added, "The private banks' access to the dollar exchange rate differences is not real, because the sale of the dollar today takes place in the interest of importing merchants directly."
The economist explained, "The banks benefited directly from all the differences between the official price and the parallel price before implementing the Central Bank platform, because the banks monopolized the process of making remittances and sold remittances to merchants according to the prices of the parallel market." .”
And between Al-Ali: "25% of Iraq's current imports are only affected by fluctuations in the exchange rate, because they are implemented without going through the platform of the Central Bank, and this percentage is decreasing."
Today, Thursday, the Baghdad and Kurdistan stock exchanges for selling the currency recorded a slight decrease in the dollar's prices, as the exchange rate reached 145,900 dinars, for every 100 dollars. Ended/25 SAR
[You must be registered and logged in to see this link.]
The economist, Nabil Al-Ali, determined, on Thursday, the percentage of money transfers to merchants instead of private banks, and between the fact that these banks obtained the differences in the exchange rate of the dollar.
[You must be registered and logged in to see this link.]
Al-Ali said in an interview with Al-Maalouma, that "these days, transfers are made to merchants at approximately 75% of trade and import at the official price, that is, in other words, 75% of the current goods are imported at a price of 1320,” adding: “It is assumed that the markets are not affected by changes And the fluctuations of the parallel exchange rate until the exchange rates reached 2000 dinars for one dollar.
He added, "The private banks' access to the dollar exchange rate differences is not real, because the sale of the dollar today takes place in the interest of importing merchants directly."
The economist explained, "The banks benefited directly from all the differences between the official price and the parallel price before implementing the Central Bank platform, because the banks monopolized the process of making remittances and sold remittances to merchants according to the prices of the parallel market." .”
And between Al-Ali: "25% of Iraq's current imports are only affected by fluctuations in the exchange rate, because they are implemented without going through the platform of the Central Bank, and this percentage is decreasing."
Today, Thursday, the Baghdad and Kurdistan stock exchanges for selling the currency recorded a slight decrease in the dollar's prices, as the exchange rate reached 145,900 dinars, for every 100 dollars. Ended/25 SAR
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