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The Governor of the Central Bank... who goes to buy dollars from the “black market”?
November 7, 2024
Baghdad/Iraq Observer
The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, identified the categories that go to buy dollars from the black market. Al-Alaq said, in an interview with local media, followed by “Iraq Observer,” that
“a number of merchants, for their own reasons, still do not come using the traditional method and transfer what they need at the official price, but the percentage of these merchants decreases over time.” He added,
“There were a small number of people entering the platform for external transfers,
but now the numbers have become large and constantly increasing, and
when we reach the point that everyone is moving to use official and fundamentalist channels in the transfer process, then we find no room for there to be two prices for the dollar.”. The Governor of the Central Bank wondered:
“Why do some people go to buy the dollar on the black market if they have a legitimate request to obtain the dollar, such as if they are a traveler or a citizen buying from abroad or a merchant importing goods or a person who refers to related people abroad for study or treatment or for each other?” Purposes?
https://observeriraq.net/محافظ-البنك-المركزي-يُحدد-من-يذهب-لشرا/
November 7, 2024
Baghdad/Iraq Observer
The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, identified the categories that go to buy dollars from the black market. Al-Alaq said, in an interview with local media, followed by “Iraq Observer,” that
“a number of merchants, for their own reasons, still do not come using the traditional method and transfer what they need at the official price, but the percentage of these merchants decreases over time.” He added,
“There were a small number of people entering the platform for external transfers,
but now the numbers have become large and constantly increasing, and
when we reach the point that everyone is moving to use official and fundamentalist channels in the transfer process, then we find no room for there to be two prices for the dollar.”. The Governor of the Central Bank wondered:
“Why do some people go to buy the dollar on the black market if they have a legitimate request to obtain the dollar, such as if they are a traveler or a citizen buying from abroad or a merchant importing goods or a person who refers to related people abroad for study or treatment or for each other?” Purposes?
https://observeriraq.net/محافظ-البنك-المركزي-يُحدد-من-يذهب-لشرا/
