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Parliament “does not trust” the decline in dollar prices: it is temporary and government measures are insufficient
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Baghdad today - Baghdad
Today, Wednesday (December 27, 2023), the Parliamentary Finance Committee commented on the decline in the dollar exchange rates in the parallel market.
Committee member Jamal Kujar told Baghdad Today, “The decline in the dollar exchange rates in the parallel market does not mean the end of the crisis. Perhaps it is temporary, especially since prices have begun to rise again in the local market.”
He added, "Government measures are still insufficient to solve the dollar crisis in light of the failure to find quick solutions to fill a lot of foreign financing, especially with Iran, Syria, China and others. This is why we believe that the dollar crisis is continuing and its solution requires a long time."
The dollar exchange rates throughout Iraq witnessed a slight decline at descending levels for a week, which left impressions on the Iraqi street of the success of the government and the Central Bank’s plans to control the rise in the dollar exchange rates to “20-25” points above the official price of 132 thousand dinars per 100 dollars.
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