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[size=38]State Of Law: The Government Does Not Have Any Justifications To Continue Raising The Dollar Exchange Rate
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LAST UPDATE 01/18/2022 | 9:30 AM
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LAST UPDATE 01/18/2022 | 9:30 AM
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The Information/Baghdad…
Representative of the State of Law coalition, Firas Turki, confirmed, on Tuesday, that the government no longer has any justifications to continue raising the dollar’s exchange rate against the dinar, pointing out that the rise in oil prices and overcoming the financial crisis are all convincing reasons to re-raise the value of the Iraqi dinar.
Turki said in a statement to "The Information", that "all the economic conditions of Iraq confirm its financial recovery and that it does not need to continue depreciating the value of the dinar against the dollar."
He added, "The government no longer has any justifications to continue its policy regarding the dollar's exchange rate against the dinar, especially since the citizen is the first to be affected by this matter."
Turki stressed, "There is a consensus within the State of Law coalition, to make a change in the fixed exchange rate and not to keep it in the current year's budget, especially after the recovery achieved from high oil prices and overcoming the financial crisis." finished/ 25 n
Representative of the State of Law coalition, Firas Turki, confirmed, on Tuesday, that the government no longer has any justifications to continue raising the dollar’s exchange rate against the dinar, pointing out that the rise in oil prices and overcoming the financial crisis are all convincing reasons to re-raise the value of the Iraqi dinar.
Turki said in a statement to "The Information", that "all the economic conditions of Iraq confirm its financial recovery and that it does not need to continue depreciating the value of the dinar against the dollar."
He added, "The government no longer has any justifications to continue its policy regarding the dollar's exchange rate against the dinar, especially since the citizen is the first to be affected by this matter."
Turki stressed, "There is a consensus within the State of Law coalition, to make a change in the fixed exchange rate and not to keep it in the current year's budget, especially after the recovery achieved from high oil prices and overcoming the financial crisis." finished/ 25 n
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