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Economist: The central bank can keep the dollar rate, but for a specific period
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The economist, Safwan Qusai, confirmed that [url=https://www.thebaghdadpost.com/ar/Story/t/1486/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A]the central bank[/url] has reserves that enable it to maintain the dollar exchange rate for a certain period, pointing out: "The demand will be greater for the dollar if the world cannot control the Corona virus in the second quarter of this year."
Qusai said in a press statement, "The monetary policy controls the exchange rate of the dollar, and the banks were not affected by the Iraqi currency or foreign currency pumping operations."
He added: "The revenues of [You must be registered and logged in to see this link.] decreased due to the low price of oil, and we can witness the inability of the Ministry of Finance and the Central Bank to finance the amount of dollars required in the local environment, but not for the current period."
He stressed: "The central bank has reserves that enable it to maintain stability at dollar prices, but for a certain period."
[You must be registered and logged in to see this link.]
The economist, Safwan Qusai, confirmed that [url=https://www.thebaghdadpost.com/ar/Story/t/1486/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A]the central bank[/url] has reserves that enable it to maintain the dollar exchange rate for a certain period, pointing out: "The demand will be greater for the dollar if the world cannot control the Corona virus in the second quarter of this year."
Qusai said in a press statement, "The monetary policy controls the exchange rate of the dollar, and the banks were not affected by the Iraqi currency or foreign currency pumping operations."
He added: "The revenues of [You must be registered and logged in to see this link.] decreased due to the low price of oil, and we can witness the inability of the Ministry of Finance and the Central Bank to finance the amount of dollars required in the local environment, but not for the current period."
He stressed: "The central bank has reserves that enable it to maintain stability at dollar prices, but for a certain period."
[You must be registered and logged in to see this link.]
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