Former Deputy Central Bank Governor: The United States bears full responsibility for the dollar crisis

Former Deputy Central Bank Governor: The United States bears full responsibility for the dollar crisis

1-28-2023

Former Deputy Central Bank Governor - The United States bears full responsibility for the dollar crisisInformation / Baghdad..
The former deputy governor of the Central Bank, Ahmed Abrihi Ali, held the United States responsible for the crisis of the dollar’s rise, noting that its measures had caused “scaring of traders” and confused the Iraqi markets.

Ali said in an article entitled “Issues about the exchange rate in Iraq” published by the website of the Iraqi Economists Network, which I viewed / information / that “the last crisis is between the end of 2022 and still the beginning of 2023. The United States of America bears full responsibility for the scrutiny of the data, and it frightened merchants and banks from a window The Central Bank, so many of them abandoned the demand for foreign currency, which confused trade and threatened problems in supplying goods and confusing the supply of necessities, and their prices may rise above expected if the United States insists on its stubbornness.

He added, “With the withdrawal of many merchants, however, the supply of foreign currency remained without the demand for it, so the difference between the market price and the official price widened, and this is one of the deadliest tools of corruption in the banking system,” stressing that “the United States… is indifferent to Iraq’s urgent need for money.” Security, which absolutely requires non-discrimination between (Iraq’s neighbors) and other countries in commercial and financial relations, and neutrality in this dispute.

He warned that “whoever volunteers to engage in this sedition bears the burden of its consequences.”

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