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The dollar will reach 1,600 dinars.” Exchange companies are moving from three axes to implement their demands

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The dollar will reach 1,600 dinars.” Exchange companies are moving from three axes to implement their demands
 
Economy     2024-07-08 | 12:55
8,383 views
Alsumaria News - Exclusive
 
Today, Monday, the representative of Iraqi exchange companies, Dhia Al-Taie, announced a move on three axes to implement a number of their demands regarding selling the dollar to travelers, while
 
she expected the price of the dollar to reach 1,600 dinars. Al-Taie told Al-Sumaria News ,
 
 “The Central Bank approved a new mechanism that harmed exchange companies in general, after selecting only 4 exchange companies to work in Iraqi airports with the aim of selling dollars to travelers,” noting that
 
“the selected companies are the same as the existing categories.” He added,
 
"More than a year ago, exchange companies proposed a mechanism to the Central Bank to protect them,
 
but the Central Bank objected to that mechanism, describing it as intrusive, difficult, and causing confusion," pointing out that
 
"the mechanism included the possibility of the traveler obtaining the dollar electronically." He stated,
 
"There are 1,200 exchange companies, but the Central Bank chose only 7 of them to sell dollars to travelers, 4 of which were at airports, leaving the 1,200 companies that could be outlets for selling dollars to travelers." He stated,
 
"We have reached the stage of announcing a strike on the platform," pointing out that
 
"this measure will raise the price of the dollar in the coming days to 1,600 dinars and more.
 
The best evidence of this is that 7 days before the mechanism was implemented, the dollar rose to 1,510 dinars."  He stressed that
 
"there will be a detailed meeting in the presence of a team from the Prime Minister to resolve this issue," pointing out that
 
"the exchange companies have several demands, and
 
if they are not implemented, we will announce a strike and demonstrate in front of the Central Bank and submit a complaint to the Parliamentary Finance Committee."   
 
https://www.alsumaria.tv/news/economy/493268/الدولار-سيصل-الى-1600-دينار-شركات-الصرافة-تتحرك-من-ثلاثة-محاور-لتنفيذ   

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