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[size=36]Al-Kazemi’s advisor sets the goal of the central bank’s monetary policy regarding the dinar[/size]
Economie| 07:53 - 04/15/2021
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Baghdad - Mawazine News
, Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed, on Thursday, the Central Bank's efforts to work on stabilizing the purchasing power of the Iraqi dinar.
According to the official agency, Saleh said, "The Central Bank is working to meet the desired demand of foreign currency by market forces through the window of monetary policy operations, or the so-called auction, for the purposes of financing foreign trade for the private sector, as well as providing a safe level of cash dollars."
He pointed out, "The central bank pushed towards the fixed exchange rate with clarity, transparency and ability, with the supply tools in order to lead to stability in price levels, stability of price expectations, a higher degree of certainty in looking at the levels of price stability and reduced transaction risks for market makers and dealers in it."
He explained that "the monetary policy of the central bank seeks to achieve its goals and achieve its goals according to its enforceable law and its quantitative and price tools aimed at stabilizing the purchasing power of the dinar."
, Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed, on Thursday, the Central Bank's efforts to work on stabilizing the purchasing power of the Iraqi dinar.
According to the official agency, Saleh said, "The Central Bank is working to meet the desired demand of foreign currency by market forces through the window of monetary policy operations, or the so-called auction, for the purposes of financing foreign trade for the private sector, as well as providing a safe level of cash dollars."
He pointed out, "The central bank pushed towards the fixed exchange rate with clarity, transparency and ability, with the supply tools in order to lead to stability in price levels, stability of price expectations, a higher degree of certainty in looking at the levels of price stability and reduced transaction risks for market makers and dealers in it."
He explained that "the monetary policy of the central bank seeks to achieve its goals and achieve its goals according to its enforceable law and its quantitative and price tools aimed at stabilizing the purchasing power of the dinar."
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