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The government's financial advisor to / NINA /: the compliance platform behind the decline in the dollar exchange rate
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[rtl]Baghdad / NINA / - Today, Monday, the government's financial advisor, Mazhar Muhammad Salih, attributed the recent decline in the exchange rate of the US dollar against the dinar to the application of the "compliance platform" and "strict bank procedures" on Iraqi banks.
Muhammad Salih said, in a statement to the National Iraqi News Agency ( NINA ), that "the monetary policy of the Central Bank of Iraq has achieved great success in applying the compliance platform with regard to foreign currency transfers, transparency and high governance of banks , all of which led to a decline in the dollar."
And he pointed out, “The central bank's sales window reached the high stable allowance and stability in the dollar,” noting that “the convergence between the official exchange rate and the parallel market rate is a positive reflection of the national currency, and the coming days will witness a greater acceleration in its decline.”
Muhammad Saleh continued, "The bank's recent procedures are not easy to implement, and today the structuring of external transfers has taken the status of compliance and achieved widespread and great success, and the market has adapted to compliance requirements, and we are witnessing today that the parallel exchange market is rapidly approaching the official price.”
In the past few days, the exchange rate of the US dollar witnessed a gradual decline, reaching 145 thousand dinars per hundred dollars, after it was 168 thousand dinars per hundred dollars./ End 8 To receive more news, subscribe to our channel on[/rtl]
Muhammad Salih said, in a statement to the National Iraqi News Agency ( NINA ), that "the monetary policy of the Central Bank of Iraq has achieved great success in applying the compliance platform with regard to foreign currency transfers, transparency and high governance of banks , all of which led to a decline in the dollar."
And he pointed out, “The central bank's sales window reached the high stable allowance and stability in the dollar,” noting that “the convergence between the official exchange rate and the parallel market rate is a positive reflection of the national currency, and the coming days will witness a greater acceleration in its decline.”
Muhammad Saleh continued, "The bank's recent procedures are not easy to implement, and today the structuring of external transfers has taken the status of compliance and achieved widespread and great success, and the market has adapted to compliance requirements, and we are witnessing today that the parallel exchange market is rapidly approaching the official price.”
In the past few days, the exchange rate of the US dollar witnessed a gradual decline, reaching 145 thousand dinars per hundred dollars, after it was 168 thousand dinars per hundred dollars./ End 8 To receive more news, subscribe to our channel on[/rtl]
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