Urgent significant decrease of the dollar exchange rate and the bank attributes to increase the central bank sales
Urgent significant decrease of the dollar exchange rate and the bank attributes to increase the central bank sales
06/18/2015 11:42 a.m.
[Baghdad-where]
the dollar exchange rates have seen in front of the dinar in local markets on Thursday, a significant decline, reaching about 1300 dinars to the dollar [130 000 dinars for one hundred dollars.
He attributed the bank told all of Iraq [where], the decline to “the significant increase in the Central Bank of Iraq sales Bmzadeh to sell currencies with the possibility of increasing to cancel his holiday on Saturday.” and saw the local markets in the past few days up prices of the dollar, reaching more than 1,400 dinars to the dollar one, that percent to $ equal to 140 000 dinars. The official rate of the Central Bank of Iraq the price of 1166 dinars per dollar, meaning it has risen from the official price 234 dinars, an increase of 20%. and sold the Central Bank of Iraq in the auction yesterday amount of dollar estimated three times higher than the decision Budget Law for 2015 to $ 75 million a day where bank sales amounted to more than $ 257 million yesterday at a price stood at a price of 1166 dinars to the criticism, and remittances in 1187 dinars as a safety him to reduce the high dollar exchange rate and cover the needs of the local market of foreign currency. He assured the Prime Minister Haider Abadi yesterday of “a lack of fear of exchange rate of the Iraqi dinar rate compared to the US dollar,” vowing to “strike manipulators prices dollar with an iron fist,” noting that “there is speculation and manipulation by corrupt and who want to influence the economic conditions and manipulation Bakot Iraqi people,” .anthy 2
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