25 banks agree to sell the dollar at a lower price than stated
2013-06-16
BAGHDAD / JD / .. The Iraqi Association of Banks for approval of 25 banks to sell the dollar at a rate lower than the advertiser.
The Managing Director of the Association of Iraqi banks Abdul Aziz Hassan Hassoun told / JD /: initiated by the Association of private banks in Iraq to invite the member banks to contribute to the campaign to reduce the price of the U.S. dollar.
Hassoun stressed: that 25 banks agreed to reduce the sale price of the dollar cash from 1189 to 1183, as well as to reduce the sale price of the dollar for the purposes of opening letters of credit to 1178 rather than 1184.
He pointed out that this move does not affect the price of the dollar, indicating that the market indicators now say that the dollar began to fall.
The central bank announced today from higher sales of up to $ 238 million.
He said the dollar selling session saw a rise in sales has reached 238 million and $ 650 thousand. / End / Rend Saad /
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