Private banks to reduce the value of the dollar contributed to (1220) Iraqi dinars in the local market
Association of private banks: private banks to reduce the value of the dollar contributed to (1220) Iraqi dinars in the local market
22-06-2013 01:37 PM
Baghdad (news) .. The Executive Director of the Association of private banks Abdul Aziz Hassoun, the private banks own contributed to reduce the dollar exchange rate in the market to (1220) dinars, after responding to orders to the central bank on the sale of hard currency. said Hassoun (of the Agency news): The private banks began rate cut selling the dollar from the border drawn by the central bank, which prompted the move towards a reduction in the dollar exchange rate in the domestic market (1250) dinars to (1220) dinars. added: that increasing the price of the dollar in the market impact significantly on the overall economic situation in the country and raise prices in the commercial market, and therefore, the demands of the central bank to take measures limiting speculation and fluctuations occurring at the rate of exchange on the grounds that the only authority that interested in maintaining the stability of the exchange rate of the dinar against international currencies. / End / 8. j. n /
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