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[size=30]New conversations about the price of the dollar in Iraq .. What will happen to it after the end of the budget?
2021-04-24
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Yes Iraq: Baghdad
On Saturday, the Parliamentary Finance Committee suggested that the current price of the dollar would remain for years, while it indicated the central bank's ability to control its current price in the market and prevent it from increasing further.
Committee member Shirwan Mirza said in a statement to the official newspaper affiliated with "Nas", "The current exchange rate of 1450 dinars against the dollar and determined by the Central Bank may last for years, as it cannot be reduced because the budget is built on it."
He added, "With regard to the rise in the price of the dollar beyond the 1470 dinars, we believe that there is an attempt by the central bank to stop the rise. The bank has a strategic stockpile of the dollar and it can contribute to the stability of the exchange rate and not to rise more than that."
Parliamentary conversations had emerged in previous periods about the possibility of changing the price of the dollar and reducing it after the end of the current budget, that is, after the end of the current year.
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