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Showing results for tags 'dealings in iraqi dinars only'.
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Preventing merchants and citizens from dealing in dollars in local markets The first 2023/05/14 Baghdad: Janan Al-Asadi The Ministry of the Interior prevented merchants and citizens from dealing in dollars in markets and shops, and restricted this process to dinars. Despite a previous decision by the Central Bank to adjust the exchange rate of the dollar, stipulating that the purchase price from the Ministry of Finance be 1,300 dinars per dollar and sell it for (1,310) dinars to banks through the electronic platform, then it is sold for (1,320) dinars to the final beneficiary. A large discrepancy with the prices circulating in the local markets, as the selling value reaches 147 thousand dinars and the purchase value reaches 145 thousand and 250 dinars per 100 dollars. The Director of the Operations Department at the Organized Crime Directorate, Brigadier General Hussein Al-Tamimi, said during a monitoring campaign that was launched in this regard and was attended by "Al-Sabah": The Directorate of Organized Crime in the Ministry of the Interior issued a circular banning merchants and citizens from dealing in markets, shops and commercial centers in dollars and limiting this process to dinars, and this comes within The campaign launched by the Ministry in coordination with the Central Bank under the title "Supporting the Iraqi Dinar". And he indicated that written pledges were taken from shop owners and commercial centers that dealings would be in dinars instead of dollars, pointing to the deployment of civilian detachments to take legal measures against violators. Al-Tamimi indicated that the Directorate aims, through the campaign, to limit the exploitation of weak-minded people by the discrepancy in dollar prices and selling them goods or materials of all kinds in this currency. Al-Tamimi added that the Directorate specified dealing in dollars exclusively in the Central Bank and the exchange offices authorized by it. He stated that the Directorate for Combating Organized Crime continues to intensify its campaigns to monitor the high prices of food and medicine in the local markets in Baghdad, in coordination with the commercial and intelligence control departments, to detect price manipulators or monopolists of goods and commodities. Al-Tamimi continued, that the commercial control compares prices according to the pricing of the Ministry of Commerce and invoices of merchants to detect weak-minded people taking advantage of the high dollar prices. Edited by: Ali Mouafaq
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Requiring shops to deal in Iraqi dinars
yota691 replied to yota691's topic in Iraq & Dinar Related News
Requiring shops to deal in Iraqi dinars second and third 2023/05/25 Kirkuk: Nahdat Ali The Directorate of National Security in Kirkuk obligated owners of malls, centers and shops to limit their dealings in Iraqi dinars only, through a campaign it recently launched in the governorate's markets. The move comes after a similar campaign launched by the National Security Agency in Baghdad, in implementation of the directives of Prime Minister Muhammad Shia'a al-Sudani, to support the Iraqi dinar and prevent monopoly and manipulation of commodity prices. The directorate’s media and relations official, Ali Al-Mufti, said in an interview with “Al-Sabah”: The campaign included taking written pledges from the aforementioned segment that dealings would be in Iraqi dinars only instead of dollars, with the change of price indication boards in commercial centers, malls and stores, to the price in dinars according to the exchange rate. official, with the need to open approved accounts to deal with the electronic platform. In the same context, he indicated that the campaign includes all commercial joints, centers, malls, and shops selling household items and commodities.
