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The dollar tide is drowning the citizen.. Sudan settles and parliament hopes

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The dollar tide is drowning the citizen.. Sudan settles and parliament hopes

   Today 19:26
Information / Baghdad..


The dollar exchange continues to fluctuate up and down as a result of conflicting political statements regarding its reduction and return to its previous exchange rate,

at a time when the citizen rushes to the markets to sell or buy hard currency after each political statement on the same subject to become a victim of the market and politics.

"Finance Minister Taif Sami informed the cabinet during yesterday's session that the step of adopting any unintentional dollar exchange rate is impossible due to the difficulty of converting the figures by law in a short time, as well as the financial situation of the country, which will not withstand any fluctuations in the markets,"a parliamentary source familiar with the information said.

According to the current dollar exchange rate of the Baghdad Stock Exchange, the selling price amounted to 146,750 Iraqi dinars per 100 dollars and the purchase price was 145,750 Iraqi dinars per 100 dollars

A member of the Parliamentary Finance Committee, Jamal Koger, had earlier assured the information that

"the central bank will not change the dollar exchange rate during the current or next year due to calculations".

At the time, Sudanese Prime Minister Mohammed Shiaa ended the controversy with his statements, on Tuesday, after confirming that there is no intention to return the exchange rate to 12,000 per 100 dollars as it was two years ago.

Now the leader of the state of Law Coalition, Nuri al-Maliki, has restored hope that it can be reduced by demanding that the government adopt an exchange rate of 137 thousand per hundred dollars in order to fulfill previous pledges.

Amid these conflicting statements, the dollar waves continue to fluctuate in the hope of stability and ending the suffering of the citizen by stabilizing the market and preventing the depletion of financial resources.
Finished 25d

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