Dollar exchange rate recorded a decline by 4 thousand dinars in one day
Dollar exchange rate recorded a decline by 4 thousand dinars in one day
14/01/2016
Roudao – Arbil,
the oldest of the Central Bank of Iraq to increase the sales of the dollar, in an effort to reduce the dollar exchange rate, after it rose by four thousand dinars in one day. The dollar exchange rate on Wednesday, to 128 thousand and 500 dinars, but fell in the Kurdistan Region markets Thursday to 124 thousand and 500 dinars. a statement of the bank, said that his sales on Wednesday, amounted to 213 million, and $ 663 thousand, priced at 1182 dinars exchange rate to the dollar, and with the participation of 18 banks and 15 financial conversion company. The refusal of the Central Bank on Wednesday, directed the government draw of financial reserves, and stressed that the law does not allow the government to draw from the hard currency reserves, and called on the government to issue bonds purchased by banks are then deducted when the central bank last fact does not have the liquidity. and founded the Iraqi Central Bank independent bank under the law issued on the sixth of March of the year 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being daily for the sale and purchase of foreign currencies sessions except public holidays which stops by the Bank for these auctions.
rudaw.net
