An almost complete halt to the circulation of the dollar in the local markets
An almost complete halt to the circulation of the dollar in the local markets
1-23-2023
Information / Baghdad..
On Monday, directors of banking offices in Diyala revealed a near-total cessation of circulation of the dollar in the markets.
Al-Malooma correspondent said that most of the exchange offices have now stopped trading the buying and selling of the dollar due to the state of instability and the fluctuation of buying and selling in the absence of a fixed standard for determining the exchange rate at the present time.
And he added, that the change of the director of the Central Bank of Iraq this morning contributed to pushing the market to a partial decline in the exchange rates of the dollar, with the presence of arrests in the exchange offices in Baghdad.
He pointed out that the fear of loss is what prompted office owners to slow down in buying and selling dollars in Baghdad and the provinces, with information that a return to the previous exchange rate is possible within days.
The currency markets in Iraq witnessed a slight decrease in the exchange rates of the dollar, as the purchase prices recorded 160 thousand for every 100 dollars, with the decision to exempt the director of the Central Bank of Iraq.
almaalomah.me
