Economist: Travelers’ dollars are leaking into the parallel market…and this is what the Central Bank should do, 26 APRIL
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Economist: Travelers’ dollars are leaking into the parallel market…and this is what the Central Bank should do, 26 APRIL
by Admin Fri Apr 26, 2024 1:36 pm
Economist: Travelers’ dollars are leaking into the parallel market…and this is what the Central Bank should do, 26 APRIL
Economist: Travelers’ dollars are leaking into the parallel market…and this is what the Central Bank should do, 26 APRIL
The economic expert, Safwan Qusay, revealed the leakage of travelers’ dollars to the parallel market.
Qusay said {to Al-Furat News} that: “The current policy of the Central Bank of Iraq goes towards auditing the cash dollar, which was marred by many failures in the first periods, especially its leakage through travelers to the irregular market, and this issue needs a new and clear mechanism.”
He added, “It is assumed that travelers are dealt with through tourism and airline companies, and the travel ticket is not allowed to be canceled unless the traveler returns the amount he purchased from the exchange outlets or banks.”
Qusay stressed, “This measure will restore confidence in the cash dollar and the possibility of facilitating the missio...for read more: https://dinarevaluation.blogspot.com/2024/04/economist-travelers-dollars-are-leaking.html
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