The central bank takes a measure that may lead to a decrease in the price of the dollar
The central bank takes a measure that may lead to a decrease in the price of the dollar
THURSDAY, 06-10-2021,PM 2:58
TODAY, THURSDAY, THE CENTRAL BANK OF IRAQ ANNOUNCED AN INCREASE IN THE AMOUNT OF CASH SALES FROM FOREIGN CURRENCY TO BANKS AND EXCHANGE COMPANIES, ACCORDING TO THE CLASSIFIED CATEGORIES.
The bank said in a statement published by Alsumaria News and seen by Noon Agency, that it “decided to increase the amount of cash sales from foreign currency to banks and exchange companies and meet them completely,” noting that “the purpose of this is to meet requests from foreign currency and achieve monetary policy goals.”
He added, “The bank’s share will be 300,000 dollars per week, the A-class exchange company will be 2 million and 200 thousand dollars per week, the B-class will be 750,000 dollars per week, and the C-class companies will be 70,000 dollars per month.
The bank asked banks and exchange companies to submit their requests starting from Sunday, June 13, 2021.
It is expected that a decrease in dollar prices will occur after the bank went to increase its sales to banks and exchange company owners, as the exchange rate during the past days exceeded the threshold of 150 thousand dinars.
non14.net
