Council of Ministers adjusts dollar exchange rate and sets buy and sell prices
The Iraqi Council of Ministers decided in its regular session yesterday, Tuesday, to adjust the U.S. dollar exchange rate against the dinar, following an urgent recommendation from the finance minister and the central bank governor, and set specific buy and sell rates between the Ministry of Finance, banks and financial institutions.
The Iraqi Council of Ministers, in its regular session held yesterday, Tuesday, decided to adjust the U.S. dollar exchange rate against the dinar, based on an urgent recommendation submitted by the finance minister and the central bank governor.
Under the new instructions, the rate was set as follows:
(1500) dinars per dollar: the purchase price from the Ministry of Finance.
(1510) dinars per dollar: the selling price for banks.
(1520) dinars per dollar: the selling price from banks and nonbank financial institutions to the end beneficiary.
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