CBI announces decline in the dollar exchange rate in remittances market
2015-07-26T11:28:24+00:00
The bank said in a statement seen by Shafaq News, that "the dollar price in remittances market dropped to 1203 dinars."
The dollar price in the domestic market has risen in front of the Iraqi dinar gradually to reach more than 1440 dinars to the dollar, compared to 1225 dinars to the dollar during February and 1,200 dinars to the dollar during the end of last year 2014.
The Bank has taken in recent weeks, a series of measures to halt the decline of the local currency, including the cancellation of Saturday holiday to sell the dollar sessions to pump more dollars in the market and the abolition of taxes on remittances.
