Central Bank: private banks will begin to sell the dollar to the public at the price of 1189 Iraqi dinars
Baghdad, “Iraq’s gate,” Mohammed Sharif 05/30/2012 9:33
Central Bank of Iraq, that a wide range of private banks are the other will begin to sell the dollar cash to the public through the windows of sale at the exchange rate are approved and for no longer than 1189 Iraqi dinars per dollar.
According to a statement issued by the Bank received a “gate Iraq,” a copy of “Iraqi dinar is stable highly reflected in the continuing rise in the exchange rate of the Iraqi dinar against the dollar in the local market, and that the intervention of the Iraqi Central Bank in the exchange market and his handling of the liquidity of gross and Mnasebha dinar has achieved remarkable successes in the interest of stability in the national economy, especially after that led the government banks (Rafidain and Rasheed) a prominent role in the diversification of windows dollar cash sale to the public and official prices stable.
The statement added that “while confirming that the Central Bank of Iraq’s positive cooperation of the banking system in the stability of exchange rates of the Iraqi dinar, the wide range of private banks will start the other to sell the dollar cash to the public through the windows of sale approved and rate of exchange for no longer than 1189 dinars per dollar “.