A member of parliament accuses the government and the central bank of reneging on their promises to control the parallel market.
A member of parliament accuses the government and the central bank of reneging on their promises to control the parallel market.
11-12-2026
Information/Baghdad…
Member of Parliament, Miqdad al-Khafaji, criticized the government and the Central Bank of Iraq on Thursday for reneging on previous promises to take measures to protect citizens from the repercussions of the exchange rate adjustment and to achieve a balance between the official rate and the parallel market rate.
Al-Khafaji told the Information Agency, “The dollar exchange rate in the parallel market has risen again, which has negatively and directly impacted the income of ordinary citizens through the continuous increase in the prices of basic goods and foodstuffs.”
He added, “There is a large gap and a clear widening difference between the official exchange rate and the rate circulating in the parallel market,” addressing the relevant authorities by saying, “Enough with the promises and manipulation of the livelihood of the Iraqi citizen.”
It is worth noting that the government and the Central Bank raised the value of the dollar exchange rate against the Iraqi dinar to 150,000 Iraqi dinars per 100 US dollars, while the exchange rate reached 170,000 dinars.
almaalomah.me
