Today, Sunday, Iranian media reported that 1.6 million Iranian tourists purchased Iraqi currency in Iran prior to traveling to Iraq for the Arbaeen pilgrimage.
Tala site revealed that from August 7 to September 1, more than 1.6 million individuals got the “Arbaeen Coin”, at a pace of 200,000 Iraqi dinars for every guest, to address their issues in Iraq.
He explained that selling dinars to visitors is a good idea that has been going on for two years. It saves visitors the hassle of converting their Iraqi currency into Iraqi dinars, and Iraqi dinars can be purchased directly from Iranian banks at a certain price.
Experts are quoted on the website as saying that, from the perspective of the Central Bank’s existence, it is generally no problem to provide dinar, and next year, the amount for each visitor will be increased to more than 200 thousand dinars.
Travelers from Arbaeen who fly into Iraq can use the ATMs at Imam Khomeini International Airport to get $500 in travel currency and 200 thousand dinars in Arbaeen currency.
As per the declared figures, the National Bank of Iran offered 320 billion Iraqi dinars to guests entering Iraq, while questions stay about where the National Bank of Iran gets the Iraqi dinars from, and whether they are one of the installments that Iraq spends on Iran to settle some import exchanges that can’t be paid in dollars.
