Baghdad / NINA / - The Central Bank of Iraq decided to reduce the exchange rate of the dollar to 1465 dinars per dollar.
The CBI stated, according to a document, that the decision came for the purpose of encouraging the public to finance its imports through documentary credits instead of remittances.
It added that in the special session, the price of selling dollars to the beneficiary / customer of the bank / who finances his imports with documentary credits was reduced to 1465 dinars per dollar instead of 1470.
The CBI explained that it will sell the dollar to the bank / for the purposes of documentary credits / for an amount of 1455 dollars instead of 1460./ End
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The CBI stated, according to a document, that the decision came for the purpose of encouraging the public to finance its imports through documentary credits instead of remittances.
It added that in the special session, the price of selling dollars to the beneficiary / customer of the bank / who finances his imports with documentary credits was reduced to 1465 dinars per dollar instead of 1470.
The CBI explained that it will sell the dollar to the bank / for the purposes of documentary credits / for an amount of 1455 dollars instead of 1460./ End
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