Economist: government and central bank measures curbed the dollar fever in Iraq
Economist: government and central bank measures curbed the dollar fever in Iraq
4-27-2023
Information/Baghdad…
Economic expert Bassem Antoine confirmed today, Thursday, that the measures of the government and the Central Bank of Iraq have curbed the fever of the high exchange rates of the US dollar against the Iraqi dinar in the local market.
Antoine said in a statement to Al-Maalouma agency, “The measures of the government of Muhammad Shia’a Al-Sudani and the Central Bank of Iraq regarding the file of the dollar’s exchange rate hike against the dinar have taken their place in preserving the value of the local currency.” He added, “The steps of the government and the Central Bank contributed to stopping the process of the rise of the dollar ,
in addition to providing it in the local market through the electronic platform system, and obliging all licensed banks and banking companies to work accordingly.”
Where it was rumored that the exchange rate of one hundred US dollars would reach 200,000 Iraqi dinars. The
exchange rates of the dollar against the dinar witnessed, during the current week, stability at the exchange rates of the dollar in the local markets in all governorates of the country, as the selling price reached 141,000 dinars per 100 dollars, while the prices of The purchase is 139,000 dinars for every 100 dollars, in the capital, Baghdad.
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