The central bank reduced the money that allows the traveler to carry $ 3000

Central Bank building one independent bodies in accordance with the Iraqi constitution .. Photographed by Mahmoud Raouf

Author: AHF, ASJ

Editor: AHF 23/3/2016 20:39 Number of Views: 275


Long-Presse / Baghdad

Today decided to CBI, on Wednesday, to determine the share of travelers with 3 thousand dollars only, while pointing to the possibility of providing passenger demand in case he needs a larger amount, warned banks and money transfer companies from manipulating quotas.

A source at the central bank in an interview (range Press), he was “committed to the law of the Iraqi Central Bank and the guidelines for the International Monetary Fund and international norms and practices, the central bank covers requests for importers and citizens for the purposes of travel, study, treatment and other requirements as specified in the instructions, the currency of the dollar from this point the bank decided to measures that will help to support the dinar and the control of the dollar. ”

The source, who asked not to be named, said “the actions represented to be the sale price of the dollar for the purposes of the above amount not to exceed 1,200 dinars to the dollar for the sale of cash or money orders and letters of credit, as well as the quota of each passenger is (3000) three thousand dollars only.”

The source indicated that “if the traveler need to over the amount necessary to cover the needs, it can provide documented own demand, including demand in favor of the banks or banking companies before suitable for obtaining approvals fundamentalism on-demand period.”

The source added that “in the absence of banks in response or conversion or banking companies to importers requests or citizens of, the sale of dollars at a higher price than stated, or delay or obstruct the orders of the Central Bank would take tough sanctions against them.”

The central bank already allows travelers to carry sums of up to $ 5000.

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