Iraqi Dinar
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A significant reduction in the price of the Iraqi dinar against the dollar after approving the budget

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A significant reduction in the price of the Iraqi dinar against the dollar after approving the budget Empty A significant reduction in the price of the Iraqi dinar against the dollar after approving the budget

Post  Admin Sun Feb 08, 2015 10:11 am


Sunday, February 8, 2015 11:53

[Baghdad-where]

The price of the Iraqi dinar fell against the dollar and the rest of the hard currency than it was before the adoption of the state budget in 29 of the last month.

According to the Kurdish Democratic Union site, the price per dollar today February 8, 1234 dinars, while the official rate by the central bank in 1166 dinars, an increase of 68 dinars to the dollar represents about 6 percent.

He says reporters and all of Iraq [where] the dollar in the markets before approving the budget was 1220 dinars believed dealers dollar to rise in the dollar price of the lower price of the dinar back to determine the dollar amount sold in daily auctions at the central bank for $ 75 million in each auction while Quantities in excess so much up to more than $ 300 million, prompting the beneficiaries of the currency traders to increase the price to maintain their daily profits.


http://www.alliraqnews.com/2014-06-14-07-34-14/166205-2015-02-08-08-56-24.html

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