The Central Bank of Iran sold 320 billion Iraqi dinars to visitors

The Central Bank of Iran sold 320 billion Iraqi dinars to visitors

2024-09-01

The Central Bank of Iran sold 320 billion Iraqi dinars to visitorsAlsumaria News
Iranian media revealed, today, Sunday, that 1.6 million Iranian visitors purchased the Iraqi currency in Iran before heading to Iraq to perform the Arbaeen pilgrimage.

Tala website reported that from August 7 to September 1, more than 1.6 million people received the “Arbaeen Coin”, at a rate of 200,000 Iraqi dinars for each visitor, to meet their needs in Iraq.

He explained that selling dinars to visitors is a very good step, and has been taking place for two years, and saves visitors the trouble of converting their currency in Iraq into Iraqi currency, and Iraqi dinars can be obtained at a certain price for purchase directly from Iranian banks.

The website quotes experts as saying that in general there is no problem in providing the dinar from the point of view of the existence of the Central Bank, and next year the amount will be increased to more than 200 thousand dinars for each visitor.

Arbaeen visitors who travel to Iraq by air can obtain $500 in travel currency in addition to 200 thousand dinars in Arbaeen currency from the ATMs located at Imam Khomeini International Airport.

According to the announced figures, the Central Bank of Iran sold 320 billion Iraqi dinars to visitors entering Iraq, while questions remain about where the Central Bank of Iran gets the Iraqi dinars from, and whether they are one of the payments that Iraq spends on Iran to settle some import transactions that cannot be paid in dollars.

alsumaria.tv