The sale of dollars to travelers in Iraqi banks stopped
Shafaq News/ The sale of the dollar to Iraqi citizens wishing to travel outside the country has stopped in all government and private banks, according to what an informed local source said on Sunday.
The source told Shafaq News Agency that the reason for the suspension is that most government and private banks do not have the quota allocated for distribution by the Central Bank of Iraq.
The source revealed that procedures are being followed on a timely basis to stop the dollar selling platform, likely to generate a significant rise in the dollar exchange rate in local markets.
In addition, economic expert Muhammad Al-Hassani told Shafaq News Agency that the controls and instructions placed on the electronic platform are very complex, and most often the traveler cannot obtain the dollar because the quantity runs out.
The Iraqi traveler to countries specified by the Central Bank is given an amount of $3,000, and in the case of treatment, he and the accompanying person are given $6,000 at the official rate, with the exception of Iran, Syria, and Lebanon.
The dollar exchange rates recorded, this morning, Sunday, 152,850 Iraqi dinars for every 100 dollars, in the parallel market, while the official price is 132,000 thousand dinars.
shafaq.com
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