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The Central Bank issues a circular to banks regarding their share and the sale of dollars to citizens at the official rate. Document


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The Central Bank issues a circular to banks regarding their share and the sale of dollars to citizens at the official rate. Document

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Baghdad Today - Baghdad

The Central Bank of Iraq issued circulars to the licensed banks regarding their share and the sale of dollars to citizens at the official rate.

According to a document obtained by "Baghdad Today", issued on (November 22, 2023), "we confirm our circular No. 463/3/9 on 2023/8/17, paragraph (first) thereof, that the official price for selling the cash dollar to the final beneficiary (citizen) of (1320) dinars / dollar is directed to the cash share received by banks and exchange companies and mediation in the sale and purchase of foreign currency directly from this bank / the window of buying and selling foreign currency and must be adhered to and sold in accordance with the instructions communicated to you, otherwise the price is subject to for the forces of supply and demand in the market."

Below is the text of the document:

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