[size=36]A financial official talks about the expected exchange rate in the 2022 budget[/size]
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, the former Director of the Financial Supervision Bureau, Salah Nouri, confirmed, on Wednesday, that any new change in the dollar exchange rate will shock the markets again.
Nouri told Mawazine News: "We rule out dealing with the dollar's exchange rates within the 2022 budget," noting that "the budget prepared by the current government was adopted at the same current exchange rate."
He pointed out that "if the new government wanted to change the exchange rate of the dollar , it would not remain the same, but would return gradually so that there would not be a new shock in the markets," noting that "the project prepared by the government according to the current exchange rate."
And he indicated that "the impact of the dollar's exchange rate is still very strong on citizens, and that most of the countries that change exchange rates are among the producing countries that export their products, as their economy and Iraq thrive, unlike those countries."
And he concluded, "Iraq has experienced a counterproductive result by raising the exchange rate because it does not have the production that enters hard currency through it." Ended 29 / b 88