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[size=36]Where is the dollar going? It crosses the 150 thousand barrier and expectations are that it will rise to record levels[/size]
Economie| 07:32 - 09/06/2021
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Baghdad - Mawazine News
The dollar exchange rate continued to rise against the Iraqi dinar, reaching more than 150 thousand for the first time since the decision to raise the exchange rate of the dollar at the beginning of last December.
The exchange shops in some provinces traded the purchase price of the $100 at 150,500 dinars, compared to 151,000 for sale, and this figure has not been reached in Iraq since 2008, according to observers.
The selling price in the capital's money exchange shops was 150,750 Iraqi dinars for 100 US dollars. The purchase price was 149,750 Iraqi dinars for 100 US dollars.
The Parliamentary Finance Committee suggested that the dollar exchange rate against the Iraqi dinar would rise to more than 160 thousand dinars for every 100 US dollars.
Committee member Jamal Cougar said, "The legislative authority does not have the authority to stop the manipulation of the dollar's exchange rate against the dinar in the Iraqi markets."
He added, "The Ministry of Finance and the Central Bank bear responsibility for what is happening and what will happen in the coming days in this regard," suggesting that "the exchange rate will reach more than 160 thousand dinars per 100 US dollars if the government does not impose deterrent measures to control it." Ended 29 / h
The dollar exchange rate continued to rise against the Iraqi dinar, reaching more than 150 thousand for the first time since the decision to raise the exchange rate of the dollar at the beginning of last December.
The exchange shops in some provinces traded the purchase price of the $100 at 150,500 dinars, compared to 151,000 for sale, and this figure has not been reached in Iraq since 2008, according to observers.
The selling price in the capital's money exchange shops was 150,750 Iraqi dinars for 100 US dollars. The purchase price was 149,750 Iraqi dinars for 100 US dollars.
The Parliamentary Finance Committee suggested that the dollar exchange rate against the Iraqi dinar would rise to more than 160 thousand dinars for every 100 US dollars.
Committee member Jamal Cougar said, "The legislative authority does not have the authority to stop the manipulation of the dollar's exchange rate against the dinar in the Iraqi markets."
He added, "The Ministry of Finance and the Central Bank bear responsibility for what is happening and what will happen in the coming days in this regard," suggesting that "the exchange rate will reach more than 160 thousand dinars per 100 US dollars if the government does not impose deterrent measures to control it." Ended 29 / h
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