The central bank reduced the money that allows the traveler to purchase $ 3000
March 29, 2016

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 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 decided to bank procedures 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," noting that "the bank has decided to allow passengers to purchase $ 3,000 just from banks and money transfer ".

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 buy hard currency around $ 5000