Central bank reveals new mechanism: only real traveler will get dollar
Central Bank Governor Ali Al-Alaq announced, on Tuesday, a new mechanism for the traveler to get the dollar.
Al-Alak said in a press statement that: “Soon we will launch a mechanism to ensure that the real traveler gets only the dollar,” announcing that “inflation has decreased significantly compared to the beginning of 2023.”
He added, “External financing operations are conducted smoothly and all importers and traders can get the dollar at the official price,” but “the central bank confirms that all demands for the dollar can be met.”
“The central bank has no problem offering or selling dollars; but some categories are trying to stay away from the platform of selling foreign currency to avoid tax, customs or having illegal trade,” Al-Alaq continued.
“The bank is in a comfortable position to respond to requests to buy dollars and we have sufficient reserves,” he said.
Alforatnews.com
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