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After oscillation ... Assurances that there is no step to change the dollar exchange rate against the dinar

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After oscillation ... Assurances that there is no step to change the dollar exchange rate against the dinar

Today 08:50
Information / Baghdad...


The dollar exchange rates against the dinar continue to fluctuate in the local market value, despite the absence of any official decision to change the value of the Iraqi dinar,

at a time when political and specialized parties confirmed that there were no decisions or directions to change the exchange rate despite the formation of the new government,

amid speculation from some parties to make the reduction by the Sudanese government, although all assurances point to finding economic remedies and not changing the exchange rate.

"The central bank had a clear statement and stressed that it is not possible to change the dollar exchange rate, and

this rate will remain in force at least during the next year, and

anything that is put forward about the reduction is only statements,"said Jamal Koger, a member of the Parliamentary Finance Committee.

On the other hand, Rasul Radi, a member of the state of Law Coalition, told Al-Malouma that

"Prime Minister-designate Mohammed Shiaa al-Sudani presented his government program and did not include reducing the dollar exchange rate against the dinar,

but it included economic aspects related to unemployment, providing job opportunities, investment, reconstruction, completing stalled projects and investment agreements with abroad.

On the other hand, economist Hashim al-habbawi explained to /information/, that

"the decline in the dollar exchange rate against the Iraqi dinar on the local exchange is an exceptional case and the exchange rate will return as it was days ago," indicating that

"the central exchange rate is the policy of the central bank and it is not easy to manipulate the rate because the Iraqi economy is currently built on the exchange rate of 1460 dinars per dollar, and if this is done, the decline will be gradual.
Ended 25N

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