Sunday, October 22, 2023

Interior Ministry: 17,900 pledges not to deal in dollars in Iraq, 22 OCT

 Interior Ministry: 17,900 pledges not to deal in dollars in Iraq, 22 OCT

The number of written pledges that the Ministry of Interior took from shop owners not to deal in dollars during buying and selling amounted to 17,900 pledges from last May until this October.

This was reported by the Director of Operations at the Organized Crime Directorate, Brigadier General Hussein Al-Tamimi, to Al-Sabah, noting that the campaigns launched under the direction of the Ministry since last May to support the Iraqi dinar resulted in the arrest of a number of foreign currency speculators and smugglers.

He explained that the Ministry has taken written pledges obligating the owners of car showrooms, electrical materials stores, tourism and travel companies, wholesalers, and key cards, as well as the owners of residential complexes, not to deal (in dollars) during buying and selling

And to deal exclusively in the Iraqi dinar according to the price specified by the Central Bank / otherwise The violator is subject to legal accountability in accordance with Article 306 of the Iraqi Penal Code No. 111 of 1969, which stipulates imprisonment and the imposition of a fine on anyone who refuses to deal in the Iraqi dinar, indicating at the same time that the Central Bank and the Council of Ministers have permitted merchants importing basic and necessary materials from outside the country to enter. To the electronic platform and deal in dollars through it only.   link

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