Al-Moussawi told Al-Maalomah: There is no final agreement on raising the dollar exchange rate.
Al-Moussawi told Al-Maalomah: There is no final agreement on raising the dollar exchange rate.
10-1-2026
Information/Baghdad..
MP Mukhtar Al-Moussawi confirmed on Thursday that there is no final agreement to raise the dollar exchange rate, while he pointed out that the country’s economic situation requires a strategy that maintains the stability of food prices and keeps them away from speculation, as well as creating a strategic reserve that takes into account the tensions in the region.
Al-Moussawi explained to Al-Maalouma that “until this moment, there is no clear government decision pushing for an increase in the exchange rate, especially since the dollar exchange rate in the parallel market witnessed a rise a few days ago exceeding 160,000 dinars per 100 dollars, while the official exchange rate is 132,000 dinars per 100 dollars. Consequently, this difference is being exploited for speculation and profit by some.”
He pointed out “the necessity of having a government strategy to reconsider the dollar exchange rate in a way that maintains market stability and prevents speculation and the exploitation of the difference by some to make profits,” noting that “regional tensions compel us to demand the necessity of having a strategic reserve of food supplies to ensure stability and reassurance, and to prevent some unscrupulous individuals from exploiting any tensions that occur to raise prices under many pretexts and excuses.”
Al-Moussawi stressed that “reconsidering the dollar exchange rate is extremely important during the coming period, especially with the current crisis, while maintaining the stability of food prices.”
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