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Central Bank reveals the reasons for the high dollar (Dif-Source)
April 25, 2015, 07:31:34 PM »
Governor of the Central Bank revealed agency on the Keywords, Saturday, that the rise in the dollar against the dinar because of customs duties and income tax on coming to buy the dollar imposed by the government. Keywords and said, "The government began to implement the customs tariff of 5% and 3% income tax on traders buy when the dollar from the central bank," explaining that "the rise in the dollar against the Iraqi dinar is only 8%, the tax and customs duties." He pointed out that "the government has begun to apply customs duties and income tax when buying the dollar, because access to customs duties is difficult because of the situation in the border ports tax system and underdevelopment in general." Little dollar rose dramatically during the last period, which reflected negatively on the market.
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