The decline of the dollar.. Parliamentary Finance says that the crisis is on its way to ending “finally”
Economy |Yesterday, 21:53 |
Baghdad today - Baghdad
The Finance Committee in the Iraqi Parliament confirmed, today, Sunday (March 24, 2024), that the dollar exchange rates in the parallel market will continue to decline until the official price fixed by the Central Bank of Iraq is reached.
Committee member Moeen Al-Kazemi told “Baghdad Today” that
“the dollar is still continuing to decline in the parallel market, and
this decline will continue, even if slowly, until the official price fixed by the Central Bank of Iraq is reached,” indicating that
“there is significant government control over "The market and
this crisis are on their way to being resolved once and for all." Al-Kadhimi stated,
“The visit of Prime Minister Muhammad Shia Al-Sudani to Washington is very important at the level of financial and economic files, and
Al-Sudani is discussing with the American side
strengthening and strengthening the Iraqi dinar, and
lifting obstacles on some banks, as well as
providing sufficient cash liquidity from the dollar to Iraq by "The treasury,
which is why the visit is considered important and will have positive results on the economic files."
It is hoped that Sudanese will visit Washington in mid-April to discuss several files, most notably the economic and Iraqi measures to combat money laundering and terrorist financing.
https://baghdadtoday.news/245559-انخفاض-الدولار.-المالية-النيابية-تقول-ان-الازمة-بطريقها-للانتهاء-بشكل-نهائي.html
Economy |Yesterday, 21:53 |
Baghdad today - Baghdad
The Finance Committee in the Iraqi Parliament confirmed, today, Sunday (March 24, 2024), that the dollar exchange rates in the parallel market will continue to decline until the official price fixed by the Central Bank of Iraq is reached.
Committee member Moeen Al-Kazemi told “Baghdad Today” that
“the dollar is still continuing to decline in the parallel market, and
this decline will continue, even if slowly, until the official price fixed by the Central Bank of Iraq is reached,” indicating that
“there is significant government control over "The market and
this crisis are on their way to being resolved once and for all." Al-Kadhimi stated,
“The visit of Prime Minister Muhammad Shia Al-Sudani to Washington is very important at the level of financial and economic files, and
Al-Sudani is discussing with the American side
strengthening and strengthening the Iraqi dinar, and
lifting obstacles on some banks, as well as
providing sufficient cash liquidity from the dollar to Iraq by "The treasury,
which is why the visit is considered important and will have positive results on the economic files."
It is hoped that Sudanese will visit Washington in mid-April to discuss several files, most notably the economic and Iraqi measures to combat money laundering and terrorist financing.
https://baghdadtoday.news/245559-انخفاض-الدولار.-المالية-النيابية-تقول-ان-الازمة-بطريقها-للانتهاء-بشكل-نهائي.html