Deputy warns of a US decision that would weaken the value of the Iraqi dinar against the dollar

Deputy warns of a US decision that would weaken the value of the Iraqi dinar against the dollar

2018/09/27 14:37

Deputy warns of a US decision that would weaken the value of the Iraqi dinar against the dollarBaghdad today – follow-up

On Thursday, September 27, 2018, Secretary-General of the Party of Solution Mohammad Karbouli warned against a US decision to weaken the value of the Iraqi dinar against the dollar.

“The Fed’s decision to raise interest rates will raise the value of the dollar at the expense of the dinar, and this will adversely affect the economy of Iraq, unless the Iraqi central bank accelerates to take preventive measures to protect the dinar,” Karbouli said in a tweet on his Twitter website.

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