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The government's financial advisor to / Nina /: Adjusting the price of the dinar against the dollar needs several requirements that the government must take
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[rtl]Baghdad / NINA / - The government's financial advisor, Mazhar Muhammad Salih, confirmed that adjusting the dinar exchange rate in light of the improvement in oil revenues needs several requirements that the government must take.
Muhammad Salih said in a statement to the National Iraqi News Agency / NINA / that adjusting the exchange rate requires the foreign currency to cover the local liquidity, indicating that the superiority of foreign reserves over cash reserves should not threaten the wealth of the country's foreign reserves.
He added: Foreign reserves should cover at least A number of import months, including no less than 6 months, especially in the case of Iraq, which is adopted and very open to foreign markets./End 8[/rtl]
Muhammad Salih said in a statement to the National Iraqi News Agency / NINA / that adjusting the exchange rate requires the foreign currency to cover the local liquidity, indicating that the superiority of foreign reserves over cash reserves should not threaten the wealth of the country's foreign reserves.
He added: Foreign reserves should cover at least A number of import months, including no less than 6 months, especially in the case of Iraq, which is adopted and very open to foreign markets./End 8[/rtl]
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