Sudden rise in dollar prices locally, and central stress conditions on transfers
Thursday, April 05, 2012
Increased exchange rate of U.S. dollar against Iraqi dinar suddenly on Wednesday, bringing the price to sell it to 1226 dinars per dollar, while the Central Bank for not selling of foreign currency remittances, but after getting held accountable for annual tax and documents proving coverage assignment to a transaction.
and Director of the Office Banking Karrada in central Baghdad, told Aswat al-Iraq that the U.S. dollar exchange rate rose unexpectedly Wednesday, and after tightening of the Iraqi Central Bank with the terms of selling the dollar at auction for the sale and purchase of foreign currencies. "
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According to the director of banking, the rate of exchange sold reached 1,260 dinars per dollar, after was stable at 1240 dinars per dollar during the past two months.
in turn, stressed adviser to the CBI the appearance of Mohammed, in his interview with News Agency (Voices of Iraq) that the Central Bank of Iraq will not cover any selling of the dollar in the form of transfers unless they are provided with Pthacb tax and business documents prove that the customer covers the operations of actual business.
According to Saleh, there is a deadline-running one month for the dealer to bring its official documents that prove use the money to foreign trade, in the case had no such documents directly.
said Chancellor that measures the CBI came to preserve the assets of Iraq foreign currency which are the property of the Iraqi people.
was the Iraqi Central Bank reduced the sales of foreign currency during Wednesday's session significantly to reach $ 90 million, versus $ 238 million in Tuesday's session.