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Central Bank: 18 banks sold dollars B1193 DT


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Central Bank: 18 banks sold dollars B1193 DT

Author: Publisheron: May 30, 2015In: economyViews: 28 views

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Central Bank of Iraq said that 18 banks began selling the adoption of a fixed rate to the dollar B1193 dinars in order to re-stabilize the exchange rate in the domestic market.

He said the Central Bank Council member Majid picture's (IMN) "The Central Bank has taken measures to restore the stability of the Iraqi dinar exchange rate against the dollar chain", noting that "the banks began to sell 18 per dollar at 1193 dinars."

Suri said that "there are many reasons led to increased demand for hard currency, the psychological factor has a significant impact, as well as the activity of speculators, and the increase in demand for hard currency is still continuing despite the increase in supply, except for economic reasons."

And I saw the Iraqi dinar exchange rate against the dollar significantly reduced after the one-dollar sale B1230 dinars over the past two weeks the price.

 

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