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An economic praise for transferring money changers to non-punitive banks to prevent the deterioration of the market
July 31 11:32
Information / Baghdad..
Economic expert Adnan Al-Saadi described, on Monday, the decision of Prime Minister Muhammad Shia Al-Sudani to transfer private exchange work with non-punished banks as a decisive step to prevent the deterioration of the market.
Al-Saadi said, in a statement to Al-Maalouma, that
"the government and the Central Bank's procedures regarding the transfer of exchange companies that were receiving their weekly shares of the dollar from the punished banks to other banks, a correct procedure will return to the recovery of the Iraqi dinar against the US dollar." He added,
"These measures, if they were actually applied and continued, will push the value of the dollar down further against the Iraqi dinar, and
the actual value may reach nearly the central bank's exchange rate."
It is noteworthy that the government approved a proposal by the bank to ease tax procedures to obtain dollars. End / 25 AD
https://almaalomah.me/news/economy/اشادة-اقتصادية-بتحويل-الصرافة-الى-بنوك-غير-معاقبة-لمنع-تدهور
July 31 11:32
Information / Baghdad..
Economic expert Adnan Al-Saadi described, on Monday, the decision of Prime Minister Muhammad Shia Al-Sudani to transfer private exchange work with non-punished banks as a decisive step to prevent the deterioration of the market.
Al-Saadi said, in a statement to Al-Maalouma, that
"the government and the Central Bank's procedures regarding the transfer of exchange companies that were receiving their weekly shares of the dollar from the punished banks to other banks, a correct procedure will return to the recovery of the Iraqi dinar against the US dollar." He added,
"These measures, if they were actually applied and continued, will push the value of the dollar down further against the Iraqi dinar, and
the actual value may reach nearly the central bank's exchange rate."
It is noteworthy that the government approved a proposal by the bank to ease tax procedures to obtain dollars. End / 25 AD
https://almaalomah.me/news/economy/اشادة-اقتصادية-بتحويل-الصرافة-الى-بنوك-غير-معاقبة-لمنع-تدهور
