Expert: The fluctuation of the dollar price in Iraq is “invalid”… and the reason is
Expert: The fluctuation of the dollar price in Iraq is “invalid”… and the reason is
2024/07/21
The economic expert, Basem Jamil Antoine, considered the continued fluctuation of the dollar price in Iraq to be “null and void.”
Antoine {Euphrates News} said: “The continued difference between the parallel price of the dollar and the official price is considered an “invalid” process and there is no justification for the rise in exchange rates, especially since the amounts of dollars coming to the Central Bank from oil sales exceed 300 million dollars daily.”
He added, “There are no special requests as the market has been affected by supply and demand and monetary inflation and the reduction in the amount of salaries and the treatment of this must be serious and accurate.”
Antoine added, “Especially since salaries go to basic needs and it is not possible to reduce salary revenues, which are considered limited.”
The dollar exchange rates stabilized today, Sunday, in Baghdad markets.
The prices came as follows:
The selling price is 150,000 Iraqi dinars.
The purchase price is 148,000 Iraqi dinars for 100 US dollars.
alforatnews.iq
