A significant reduction in the price of the Iraqi dinar against the dollar after approving the budget

A significant reduction in the price of the Iraqi dinar against the dollar after approving the budget

08/02/2015 11:42 GMT

A significant reduction in the price of the Iraqi dinar against the dollar after approving the budgetAgencies – dropped the price of the Iraqi dinar against the dollar and other hard currencies than it was before the adoption of the state budget in 29 of the last month.
According to the Kurdish Democratic Union site, the price per dollar today February 8, 1234 dinars, while the official rate by the central bank in 1166 dinars, an increase of 68 dinars to the dollar represents about 6 percent.

He says Followers, that the dollar price in the markets before approving the budget was 1220 dinars believed dealers dollar to rise in the dollar price of the lower price of the dinar back to determine the dollar amount sold in daily auctions at the central bank with $ 75 million in each auction while quantities exceeding it a lot and up to more than $ 300 million, prompting the beneficiaries of the currency traders to increase the price to maintain their daily profits. Q, Q

alrayy.com