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An economist explains the reasons for the dollar's rise and sets a condition for its decline
Economy | Yesterday, 12:44 |
Baghdad today - Baghdad
Today, Thursday (July 4, 2024), financial affairs specialist Alaa Glob Al-Fahd revealed the reason for the rise in the price of the dollar again in the parallel market.
Al-Fahd said in an interview with “Baghdad Today” that
“the dollar exchange rate in the parallel market is witnessing rises, falls and fluctuations as a result of the Central Bank of Iraq taking new measures regarding selling the currency to travelers and delivering amounts exclusively from the airport,” indicating that
“there are also those who are trying to raise fears.” “With any new measures being taken by the Central Bank for the benefit of some speculators.” He stated,
"The Central Bank of Iraq announced more than once that it is continuing to sell the currency and cover all needs, whether for import or travel, and there are no fears," adding,
"But there are those who are trying to spread some negative fears for the sake of profit." He continued,
"The Central Bank of Iraq is in control of all monetary policy measures and the financial situation is reassuring," expecting that
"the dollar exchange rate in the parallel market will decrease in the event that all transactions are restricted through the electronic platform of the Central Bank of Iraq."
The exchange rates of the dollar against the Iraqi dinar witnessed a noticeable increase during the past days, as the selling price touched 150 thousand for every 100 dollars.
https://baghdadtoday.news/252779-خبير-اقتصادي-يفسر-أسباب-ارتفاع-الدولار-ويضع-شرطًا-لانخفاضه.html
Economy | Yesterday, 12:44 |
Baghdad today - Baghdad
Today, Thursday (July 4, 2024), financial affairs specialist Alaa Glob Al-Fahd revealed the reason for the rise in the price of the dollar again in the parallel market.
Al-Fahd said in an interview with “Baghdad Today” that
“the dollar exchange rate in the parallel market is witnessing rises, falls and fluctuations as a result of the Central Bank of Iraq taking new measures regarding selling the currency to travelers and delivering amounts exclusively from the airport,” indicating that
“there are also those who are trying to raise fears.” “With any new measures being taken by the Central Bank for the benefit of some speculators.” He stated,
"The Central Bank of Iraq announced more than once that it is continuing to sell the currency and cover all needs, whether for import or travel, and there are no fears," adding,
"But there are those who are trying to spread some negative fears for the sake of profit." He continued,
"The Central Bank of Iraq is in control of all monetary policy measures and the financial situation is reassuring," expecting that
"the dollar exchange rate in the parallel market will decrease in the event that all transactions are restricted through the electronic platform of the Central Bank of Iraq."
The exchange rates of the dollar against the Iraqi dinar witnessed a noticeable increase during the past days, as the selling price touched 150 thousand for every 100 dollars.
https://baghdadtoday.news/252779-خبير-اقتصادي-يفسر-أسباب-ارتفاع-الدولار-ويضع-شرطًا-لانخفاضه.html
