Per dollar exchange rate jumps to 1,400 dinars

Per dollar exchange rate jumps to 1,400 dinars

15/06/2015 3:01 p.m.

Per dollar exchange rate jumps to 1400 dinars[Baghdad-where]
local markets witnessed high exchange rates of the US dollar against the Iraqi dinar to 1,400 dinars to the dollar, that is equal to the percent of $ 140 000 dinars.
The official exchange rate of the Central Bank of Iraq in 1166 dinars per dollar, meaning it has risen from the official price 234 dinars, an increase of 20%.
attribute specialists and economists this increase to the dollar in the domestic market, to a lack of supply of the dollar in the auction of the daily currency of the Central Bank of Iraq, which identified quantities the law of the general budget for 2015 by $ 75 million just after it was open, so called for the increased demand for foreign currency to fulfill banks and businessmen Baltazamthm and the market need for liquidity Almalah.anthy

alliraqnews.com