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The Central Bank: The cash payment of the dollar has become disciplined with the procedures of the electronic platform
Economy 04-24-2023, 20:49
Baghdad - conscious
The Central Bank confirmed, today, Monday, that the
cash payment of the dollar has become disciplined with the procedures of the electronic platform,
which prompted a decline in its price in the market,
because it has become available through the platform.
The Central Bank's advisor, Ihsan Al-Yasiri, told the Iraqi News Agency (INA), that
"all merchants, including small merchants, have become able to obtain dollars through the electronic platform, and the
cash payment of dollars has become disciplined with the procedures of the platform." He added,
"In light of this, it is natural for the dollar to begin to decline in front of the dinar in the market for its normal price set by the Central Bank,
because the dollar is a commodity like any other commodity whose purchase requests are met." And he continued:
“As long as the dollar purchase requests are met through the platform, there will remain no reason for the merchant to sell in dollars, and
we hope that the sale will be in dinars only because it is the country’s currency, and secondly,
there is no reason to stick to a specific price, because the dollar is available to those who ask for it, such as the merchant and those who need to travel for treatment, the traveler and the student who is studying.” outside".
https://www.ina.iq/183609--.html
Economy 04-24-2023, 20:49
Baghdad - conscious
The Central Bank confirmed, today, Monday, that the
cash payment of the dollar has become disciplined with the procedures of the electronic platform,
which prompted a decline in its price in the market,
because it has become available through the platform.
The Central Bank's advisor, Ihsan Al-Yasiri, told the Iraqi News Agency (INA), that
"all merchants, including small merchants, have become able to obtain dollars through the electronic platform, and the
cash payment of dollars has become disciplined with the procedures of the platform." He added,
"In light of this, it is natural for the dollar to begin to decline in front of the dinar in the market for its normal price set by the Central Bank,
because the dollar is a commodity like any other commodity whose purchase requests are met." And he continued:
“As long as the dollar purchase requests are met through the platform, there will remain no reason for the merchant to sell in dollars, and
we hope that the sale will be in dinars only because it is the country’s currency, and secondly,
there is no reason to stick to a specific price, because the dollar is available to those who ask for it, such as the merchant and those who need to travel for treatment, the traveler and the student who is studying.” outside".
https://www.ina.iq/183609--.html
