Parliamentary calls to curb the rise of the dollar in Iraq

Parliamentary calls to curb the rise of the dollar in Iraq

6-22-2024

Parliamentary calls to curb the rise of the dollar in IraqInformation/Private..
Today, Saturday, Representative Ola Odeh called on the Central Bank of Iraq to take serious steps and quick measures to limit the continuing crisis of the high exchange rates of the dollar against the Iraqi dinar.

Odeh said in an interview with the “Al-Ma’louma” Agency, “The exchange rates of the dollar against the Iraqi dinar during the days of Eid Al-Adha witnessed a significant increase compared to the previous period.”

She added, “The coming period requires a greater effort by the Central Bank of Iraq and the Ministry of Finance to put an end to the phenomenon of high exchange rates of the dollar against the dinar.”

Since Eid al-Adha, the exchange rates of the dollar against the Iraqi dinar have risen until they exceeded 147 thousand dinars for every 100 dollars, after being below 145 thousand dinars during the past weeks.

The dollar exchange rates are witnessing a significant increase in the Iraqi markets, as the price of one dollar during the past months reached more than 152 dinars, amid fears that this rise will continue.

The American administration continues to obstruct the Iraqi government’s reforms in light of waving the economic card through the dollar file.

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