An economist is betting on the continued decline of the dollar price with this measure
An economist is betting on the continued decline of the dollar price with this measure
6-23-2024
Information/private..
Today, Sunday, economic expert Nabil Al-Ali mortgaged the continued decline in the exchange rates of the dollar against the dinar if the Central Bank of Iraq’s sales from the currency auction increase.
Al-Ali said, in an interview with the Al-Ma’louma Agency, that “the increase in the Iraqi Central Bank’s sales of dollars through the currency auction will contribute to a gradual decline in exchange rates in local markets.”
He added, “The dollar exchange rates witnessed a slight decline during today’s transactions, after the Central Bank of Iraq’s foreign currency sales increased to more than 273 million dollars.”
Regarding the rise in exchange rates again, Al-Ali pointed out, “This matter is related to a political event and certain economic policies that may push the dollar to rise against the local currency.”
The American administration continues to obstruct the Iraqi government’s reforms in light of waving the economic card through the dollar file.
almaalomah.me
