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Why the central bank's sales of the dollar have fallen over the past days

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Why the central bank's sales of the dollar have fallen over the past days

Economy , 2022/11/21 09:42, number of readings: 93
Baghdad-Iraq today:


The deputy of the state of Law coalition, Mohammed Al-Shammari, attributed the decrease in the central bank's sales of dollars at the currency auction to the new government's control over currency smuggling and money laundering.

Al-Shammari said in a press interview that

"the decrease in the central bank's sales of dollars at the currency auction occurred after the control of all the money that was entering the smuggling and laundering box," stressing that

"the Sudanese made a right start by standing up to all those who were making profits from the sale of hard currency in very high amounts, especially in the recent period.  He added that

"the features of the product of the work of the new government began to appear through a number of files that were processed in the period following the previous caretaker government".  He pointed out that

"there are many officials who have been dismissed or held accountable for all the files that were hacked in the caretaker government headed by Mustafa al-Kazemi".

Economist Abdul Rahman al-Mashhadani had said earlier that

"private banks are the only beneficiaries of the sale of the central bank by smuggling hard currency out of Iraq.

Ibrahim al-sakini, a leader of the state of Law Coalition, had said earlier that

"the goal of the change in positions is not to repeat the mistakes and violations that occurred in the previous caretaker government," pointing out that

"state institutions, departments and ministries need a revolution in changing positions at the level of their senior positions.

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