Traders attribute the rise in the dollar rate in Iraq to the lack of supply and the conditions of the country
Traders attribute the rise in the dollar rate in Iraq to the lack of supply and the conditions of the country
2016/1/12 15:33
[Baghdad-where]
traders attributed the rise in foreign currency market the dollar exchange rate against the Iraqi dinar to the lack of supply of the dollar in the local markets.
And they told all of Iraq [where] that “this rise is due to the lack of the Iraqi Central Bank sales in its daily auction of the dollar compared to the weeks or the past few months, what the reason for a decline in volumes traded on the markets, the dollar.”
They added that “as the political and security situation taking place in the country to create disruption in the buying and selling operations.
“and saw the local markets today a remarkable increase in the dollar exchange rate against the dinar as the dollar stood at 1225 dinars [125 000 dinars per hundred dollars] after it was estimated in the past few days between 122 and 123 000 dinars for one hundred dollars.
The total quantity sold to banks at the central bank auction of 3 months from the date of January this Tuesday to more than one billion and 124 million Dolar.anthy
alliraqnews.com
