Deputy: The return of the dollar exchange rate to what it was in the past

Deputy: The return of the dollar exchange rate to what it was in the past

17:19 – 04/29/2021

Deputy - The return of the dollar exchange rate to what it was in the pastThe Secretary-General of the Islamic Union for Iraqi Turkmen , Jasim Muhammad al-Bayati, on Thursday ruled out the return of the dollar’s ​​exchange rate and its return to what it was previously.

Al-Bayati said in a statement to the agency / Al-Maaloumah /, “The issue of the return of the dollar’s ​​exchange rate to what it used to be has become a thing of the past, and there are no indications regarding it.”

He pointed out, “The current time does not allow it to return to what it was due to the existing health conditions, but there is a rumor and some say that the exchange rate of the dollar will return to its previous price before the elections.”

It is noteworthy that , on December 20, Iraq decided to reduce the value of the dinar against the dollar to 1450 instead of 1184, to contain the financial crisis, but the decision caused stagnation in economic movement and an increase in commodity prices in the local markets.

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