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It was preceded by American negotiation.. An Iraqi tendency to adopt the price of the dollar at 1,640 dinars in the 2023 budget
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2023-01-30 05:36
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Shafaq News/ Representative Firas Al-Maslamawi revealed, on Monday, that the Iraqi government and Parliament have a tendency to adopt the exchange rate of the dollar at 1,640 dinars in the current year's budget, while indicating that there is an intention to negotiate with the US administration to control the price of the dollar.
Al-Maslamawi told Shafaq News agency, "The Iraqi Parliament hosted the dismissed governor of the Central Bank, and his answers about decreasing the dollar were unclear, and he did not fulfill his promise when he pledged to return the dollar to its previous price within days."
He added, "Therefore, the parliament's recommendation was to relieve him of the position, and this matter was actually done, and it is a correct government procedure, and a practical step towards controlling the exchange rate of the dollar and reducing it for the benefit of the Iraqi people."
The deputy revealed, "There is a second step by the government to reduce the dollar, which is negotiating and establishing a balance with the United States of America, especially with the US Federal Bank, and that the application of the electronic platform well gave positive indications to the Federal Bank that the government's measures are in the right direction."
Al-Maslamawi continued, "Therefore, there will be control over reducing the exchange rate of the dollar, and there is another measure by the government and the House of Representatives, which is approving the exchange rate of the dollar at 164 thousand dinars in the 2023 budget, and this step will contribute to reducing the exchange rate of the dollar."
On January 26, well-informed Iraqi political sources revealed an undeclared goal for Prime Minister Muhammad Shia' al-Sudani's visit to France.
The sources told Shafaq News agency, "The visit to France also aims to request mediation by Paris between Iraq and the United States of America, on the issue of the dollar crisis, which has begun to greatly worry Al-Sudani and his government, and raises the fears of the coordination framework that this crisis may quickly topple the government." .
The government measures taken by Prime Minister Muhammad Shia al-Sudani did not succeed in stopping the huge rise in the exchange rate of the dollar, as Iraqi stock exchanges still recorded more than 161 thousand dinars compared to $100.
Before that, the spokesman for the Islamic Supreme Council, Ali al-Daffi, revealed to Shafaq News agency, "a leading delegation from the Iraqi Ministry of Finance and the Central Bank of Iraq will visit the United States of America in the coming days in order to discuss the policy of the US Federal Reserve and give an appropriate opportunity of time so that Iraqi banks can To adapt and deal with the new banking system.
The US ambassador to Iraq, Alina Romanowski, says that the United States does not set the exchange rate for the dollar and has not imposed sanctions on new Iraqi banks.
And the Iraqi currency lost about 10% of its value, as the Wall Street Journal says in a report it published a few days ago, after procedures related to imposing compliance rules on the Central Bank of Iraq’s dealings with currency dealers in relation to the US dollar.
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[You must be registered and logged in to see this image.]
2023-01-30 05:36
Share
Font
Shafaq News/ Representative Firas Al-Maslamawi revealed, on Monday, that the Iraqi government and Parliament have a tendency to adopt the exchange rate of the dollar at 1,640 dinars in the current year's budget, while indicating that there is an intention to negotiate with the US administration to control the price of the dollar.
Al-Maslamawi told Shafaq News agency, "The Iraqi Parliament hosted the dismissed governor of the Central Bank, and his answers about decreasing the dollar were unclear, and he did not fulfill his promise when he pledged to return the dollar to its previous price within days."
He added, "Therefore, the parliament's recommendation was to relieve him of the position, and this matter was actually done, and it is a correct government procedure, and a practical step towards controlling the exchange rate of the dollar and reducing it for the benefit of the Iraqi people."
The deputy revealed, "There is a second step by the government to reduce the dollar, which is negotiating and establishing a balance with the United States of America, especially with the US Federal Bank, and that the application of the electronic platform well gave positive indications to the Federal Bank that the government's measures are in the right direction."
Al-Maslamawi continued, "Therefore, there will be control over reducing the exchange rate of the dollar, and there is another measure by the government and the House of Representatives, which is approving the exchange rate of the dollar at 164 thousand dinars in the 2023 budget, and this step will contribute to reducing the exchange rate of the dollar."
On January 26, well-informed Iraqi political sources revealed an undeclared goal for Prime Minister Muhammad Shia' al-Sudani's visit to France.
The sources told Shafaq News agency, "The visit to France also aims to request mediation by Paris between Iraq and the United States of America, on the issue of the dollar crisis, which has begun to greatly worry Al-Sudani and his government, and raises the fears of the coordination framework that this crisis may quickly topple the government." .
The government measures taken by Prime Minister Muhammad Shia al-Sudani did not succeed in stopping the huge rise in the exchange rate of the dollar, as Iraqi stock exchanges still recorded more than 161 thousand dinars compared to $100.
Before that, the spokesman for the Islamic Supreme Council, Ali al-Daffi, revealed to Shafaq News agency, "a leading delegation from the Iraqi Ministry of Finance and the Central Bank of Iraq will visit the United States of America in the coming days in order to discuss the policy of the US Federal Reserve and give an appropriate opportunity of time so that Iraqi banks can To adapt and deal with the new banking system.
The US ambassador to Iraq, Alina Romanowski, says that the United States does not set the exchange rate for the dollar and has not imposed sanctions on new Iraqi banks.
And the Iraqi currency lost about 10% of its value, as the Wall Street Journal says in a report it published a few days ago, after procedures related to imposing compliance rules on the Central Bank of Iraq’s dealings with currency dealers in relation to the US dollar.
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