Central Bank: The coming days will witness the full supply of the dollar cash currency
Central Bank: The coming days will witness the full supply of the dollar cash currency
12-28-2022
Information/Baghdad..
Today, Wednesday, the Central Bank of Iraq confirmed that it had taken several measures since last week to stabilize the exchange rate of the dollar, while referring to the nomination of a number of banks to sell dollar currency to citizens on official holidays.
“The Central Bank has taken several measures to provide foreign dollar currency since last week, which resulted in a decrease in the exchange rate in the local market,” said the Central Bank’s advisor, Ihsan al-Yasiri, in a statement to the Iraqi official agency, followed by Al-Maalouma.
And he pointed out that “the bank will issue instructions to a number of banks that were chosen by it, to work on official holidays, which are tomorrow, Thursday, Friday, Saturday and Sunday, in order to continue selling dollars to the public, which will work to meet the requirements of those who need foreign exchange for the purposes of travel, treatment and study.” , stressing that “the coming days will witness the presentation of the cash dollar currency in full.”
Regarding the spread of information stating that banks refrain from disbursing citizens’ balances in dinars and repeating Lebanon’s experience, Al-Yasiri explained that “this information is completely incorrect, and the Iraqi dinar is abundantly available in banks and in the central bank’s coffers,” noting that “these are rumors spread by conflicting parties.”
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