Dollar jumps in Iraq to 1228 dinars



January 13, 2016 15:40

Banking offices and currency markets have seen in Iraq on Wednesday, a new high price of the US dollar against the Iraqi dinar.

Per dollar and reached 1228 dinars [128 000 dinars for one hundred dollars.

The dollar exchange rate has recorded a remarkable rise yesterday, reaching 1225 dinars [125 000 dinars for one hundred dollars.

He attributed the currency traders and economists this rise to a lack of supply of the dollar at the central bank's daily auction, compared with the market need of foreign currency continues to rise, expecting the dollar to 1,500 dinars [150 000 dinars for one hundred dollars.

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