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[size=45][size=41]What is the role of the UAE in the rise in the exchange rate of the dollar in Iraq?[/size]
two hours ago
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two hours ago
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Financial expert Mustafa Hantoush confirmed that the UAE's imposition of new measures in the field of combating money laundering contributed directly to increasing the demand for the parallel market for the exchange rate.
Hantoush said, in a press interview seen by Taqaddam, that “the United Arab Emirates has imposed new measures in the field of combating money laundering,” noting that “these measures included Iraqi merchants holding a gold card and allowed them to withdraw $300 during one day after it was allowed They can withdraw $3,000 a day.”
He added, "These measures put Iraqi merchants in front of a daily deficit of between 15 to 20 million dollars," noting that "the parallel market is currently covering this gap."
He pointed out that "some of these merchants practice real work and others work in money laundering," explaining that "these reasons prevent the exchange rate from returning to the official rate."
The exchange rate of the dollar against the dinar today on the black market was 148,500 per 100 dollars.
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