Parliamentary Finance: The Central Bank has come a long way in its mission to get rid of the dominance of the dollar

Parliamentary Finance: The Central Bank has come a long way in its mission to get rid of the dominance of the dollar

11-24-2023

Parliamentary Finance - The Central Bank has come a long way in its mission to get rid of the dominance of the dollarInformation/Baghdad..
The head of the Parliamentary Finance Committee, Atwan Al-Atwani, confirmed today, Friday, that the Central Bank has come a long way in the mission of restoring market stability and getting rid of the dominance of the dollar.

Al-Atwani said in an interview followed by “Al-Ma’louma” that “diversifying the sources of foreign currency dependence in commercial transactions is the only way to address the problem of the increasing demand for the dollar.”

He added, “We stress the importance of this trend as it is an effective solution and a well-thought-out strategy to open new horizons that ensure the facilitation of commercial transaction procedures at various levels.”

He continued, “We renew our full support for the steps of the Central Bank of Iraq as it moves steadily towards developing real solutions to the crisis.”

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