Dollar Crisis In Iraq.

[Luigi1]

Here's an article of Dinarian interests...

USD crisis in Iraq worsens.

USD dries up in Iraq.

Treat as a rumor.  Not verified.  Your opine.

 

 

FROM OTHER SOURCES:    “Dealing With Dinars Is Much Better.”

ARTICLE:  The Dollar transfer will not be withdrawn in cash after today.   A financial expert explains the chaos in Baghdad’s banks.

 

Over 964  Iraqi financial expert Mahmoud Dagher explained to the 964 Network the chaos that banks in Baghdad witnessed today, Sunday, after depositors were UNABLE to RECEIVE their money in Dollars.   He said that amounts deposited in cash can be withdrawn in cash, but this never applies to remittances.  

 

The Dollar Exceeds The Barrier Of 160 Thousand Dinars In Baghdad Markets & Money Exchangers Economy.

 

Monday (October 9, 2023), Dollar prices recorded a significant jump in the markets & exchange offices of Baghdad, to record a record exceeding 160,000 per hundred Dollars.

 

The “Baghdad Today” correspondent said, “Selling prices in money exchange shops in the capital, Baghdad, amounted to 160,500 Iraqi Dinars for every 100 US Dollars, while purchasing prices recorded 159,500 Iraqi Dinars for every 100 US Dollars.”

 

Private banks are accused of taking over the largest part of the currency selling window, especially for the cash Dollar, which has become extremely difficult for travelers to obtain, which forces them to buy the Dollar from the parallel market, while the travelers’ share of the Dollar in these banks goes for the purpose of speculation.