The Central Bank issues a statement on the “real value of the dinar” against the dollar
The Central Bank issues a statement on the “real value of the dinar” against the dollar
FRI, 06-11-2021,PM 3:23
Today, Friday, Deputy Governor of the Central Bank, Ihsan Shamran Al-Yasiri, revealed the truth of statements attributed to him regarding the exchange rates of the dollar.
Al-Yasiri said in a statement, “There is no truth to the news circulating to me about the value of the Iraqi dinar exchange at a price of 2,400 dinars,” noting that “this news is untrue.”
He continued, “This news is the product of the enemy’s electronic armies of the Iraqi people, which do not want the best for the economy in the country.”
Earlier, some media and social media pages circulated a statement attributed to the deputy governor of the Central Bank about “the real value of the Iraqi dinar against the US dollar,” which is 2,400 dinars per dollar.
The Central Bank of Iraq had decided on January 19, 2021 to make a significant change in the dollar exchange rate and decided to amend it as follows:
1- 1450 dinars per dollar, the purchase price of foreign currency from the Ministry of Finance.
2- 1460 dinars per dollar, the foreign currency sale price for banks.
3- 1470 dinars per dollar, the foreign sale price to the public.
The stock exchange in Baghdad and the provinces witnessed a jump in dollar prices against the dinar during the past week, reaching 1507.5 dinars per dollar, the highest price recorded in years.
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