Central Bank: a wide range of private banks will open a window to sell the dollar price of 1189 Iraqi dinar
New Iraqi dinar rate: Announced the Central Bank of Iraq, near the start of a wide range of from private banks to sell the dollar cash to the public, through the windows of sale approved and rate of exchange for no longer than 1189 Iraqi dinar per dollar.
He said the Iraqi Central Bank in a statement that the Iraqi dinar is stable highly reflected in the continuing rise in Iraqi dinar exchange rate against the dollar in the local market. According to the statement, the Central Bank of Iraq was considered intervention in the exchange market and his handling of the liquidity of gross and Mnasebha dinar achieved remarkable successes in the interest of stability in the national economy, especially after he led the government banks (Rafidain and Rasheed) a prominent role in the diversification windows sell the dollar cash to the public and the prices the official stable.
saw the Iraqi currency declined against the U.S. dollar during the past two months, reaching to 1300 dinars to the dollar, which attributed central to the sanctions imposed on Iran, Syria, and decline in prices of exchange Altoman and pound to a half, before returning the exchange rate to rise up to 1200 dinars per dollar now.
He said the central bank in its statement that “while emphasizing the 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. “
The central bank announced on May 21 the current directly to the Rafidain and Rasheed sale of U.S. dollar cash for the citizens at 1189 dinars, saying that the move aims to benefit citizens directly from the exchange away from the monopoly exercised by the other.