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Dollar mafias" manage the Iraqi market with a "WhatsApp group"... and demands for urgent government intervention

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Dollar mafias" manage the Iraqi market with a "WhatsApp group"... and demands for urgent government intervention
 
Local / Economy |Today, 14:39 |
Baghdad today - Baghdad
 
Member of the Parliamentary Finance Committee, Jamal Cougar, revealed that a group of mafias and influential people controlled the dollar exchange rate through a “WhatsApp group.”
 
Cougar indicated in a televised interview followed by “Baghdad Today” that
 
there is a (group) on WhatsApp run by a group of influential people or mafias who control the exchange rate of the dollar in the parallel market,” calling on the security services from the intelligence and national security to intervene and follow up on the matter.”
 
A member of the Parliamentary Finance Committee confirmed that
 
personalities working in the stock exchanges referred to this (group) and demanded that the matter be conveyed to the relevant authorities to take urgent measures.”
 
On (last October 8), the expert in banking affairs, Ahmed Al-Tamimi, criticized the Iraqi Banks Association for not taking any position on what some private banks are working on to acquire the dollar illegally. Al-Tamimi told “Baghdad Today” that
 
 “some private banks are working to illegally seize the dollar.
 
They take the share of the traveling citizen and do not give it to him. Also,
 
some banks refuse to hand over to the citizens the remittances that reach them in dollars, and
 
all of this violates the law.”
 
The expert in banking affairs stated that
 
“the Iraqi Banks Association bears a large part of the illegal behavior that is happening in some private banks, especially since it has not yet taken any role from those banks. Rather, it remains silent and tries to evade its role in following up on the work of those banks.”".
 
 Meanwhile, economic expert Sarhang Hussein earlier accused the Association of Private Banks of being behind the rise in dollar exchange rates in the parallel (black) markets. Hussein told "Baghdad Today",
 
"The process of buying the dollar with cards by merchants and giving it to private banks is behind the rise in the dollar exchange rate again."
 
It is noteworthy that the exchange rate of the dollar in the parallel (black) markets has risen again, as the markets recorded 163,000 dinars for every 100 dollars, despite the fact that the Central Bank sells it for 1,320 dinars.
 
 https://baghdadtoday.news/234672-مافيات-الدولار-تدير-السوق-العراقية-بـ-كروب-واتساب.-ومطالبات-بتدخل-حكومي-عاجل.html

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