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It will upset the parallel market.. Sources: Expected decisions from the Central Bank will confuse the markets and raise exchange rates
Economy | Today, 15:00 |
Baghdad today - Baghdad
A banking source reported today, Monday (September 9, 2024), that there has been confusion within the foreign currency markets, while it is likely that their prices will rise. The source told "Baghdad Today",
"The Central Bank will issue new decisions regarding foreign currency prices and the way it is traded inside Iraq." He added,
"These decisions are likely to cause an increase in the dollar exchange rates in the parallel market due to the scarcity of the currency." The source stated that
"the aim of these decisions is to limit currency smuggling or its monopoly in the hands of weak souls."
This afternoon, the dollar exchange rates witnessed new increases on the two main stock exchanges and local markets.
The "Baghdad Today" correspondent said that the dollar exchange rates recorded 150,500 for every 100 dollars on the two main stock exchanges.
He added that the selling price at money exchangers also rose to 152,500 for every 100 dollars.
https://baghdadtoday.news/257530-ستقلب-السوق-الموازي.-مصادر-قرارات-مرتقبة-من-البنك-المركزي-ستربك-الأسواق-وترفع-أسعار-الصرف.html
Economy | Today, 15:00 |
Baghdad today - Baghdad
A banking source reported today, Monday (September 9, 2024), that there has been confusion within the foreign currency markets, while it is likely that their prices will rise. The source told "Baghdad Today",
"The Central Bank will issue new decisions regarding foreign currency prices and the way it is traded inside Iraq." He added,
"These decisions are likely to cause an increase in the dollar exchange rates in the parallel market due to the scarcity of the currency." The source stated that
"the aim of these decisions is to limit currency smuggling or its monopoly in the hands of weak souls."
This afternoon, the dollar exchange rates witnessed new increases on the two main stock exchanges and local markets.
The "Baghdad Today" correspondent said that the dollar exchange rates recorded 150,500 for every 100 dollars on the two main stock exchanges.
He added that the selling price at money exchangers also rose to 152,500 for every 100 dollars.
https://baghdadtoday.news/257530-ستقلب-السوق-الموازي.-مصادر-قرارات-مرتقبة-من-البنك-المركزي-ستربك-الأسواق-وترفع-أسعار-الصرف.html
