Central Bank of Iraq issued a statement on the US dollar exchange rate

Central Bank of Iraq issued a statement on the US dollar exchange rate



15/12/2016  09:21


BAGHDAD - Follow-up to today's Iraq: Iraq's central bank issued a statement on the US dollar exchange rate. According to the statement, subsidiaries (today's Iraq), "The central bank does not intend to change the exchange rate of the Iraqi dinar against the US dollar."

He denied the central bank, in its statement, "the imposition of fees or taxes on the sale price of the dollar," pointing out that "the rise in oil prices will enable the Bank to inject greater than the dollar amounts to the market."

And experiencing the local markets to Anhs t sometimes up gradually to the dollar exchange rate, as a result of what the speculators of fabricating some rumors about the exchange rate in order to get some of the benefits of profitability as a result of this climb.


And established an independent Iraqi Central Bank as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.


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