The central bank refuses to open a window for selling dollars to citizens

The central bank refuses to open a window for selling dollars to citizens

4-1-2023

The central bank refuses to open a window for selling dollars to citizensInformation / Baghdad..
The Central Bank announced, on Saturday, its refusal to open a window for selling the dollar to citizens, indicating that the dollar is a foreign currency that cannot be dealt with within the local markets.
The bank stated in a statement, a copy of which the information received, that “opening a window to sell dollars to citizens violates all international regulations and norms.”
He added, “The dollar cannot be available to any citizen, given that it is not a national currency for Iraq,” noting that “the dollar must be allocated for dealing outside Iraq for the purposes of financing trade, travel, treatment, and study.”
Speculation continues in the dollar’s price despite the government’s decision to reduce its official price by about $1,300 per dollar, to reach 1,500 per dinar in the local markets.

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