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Foreign Minister: The Iraqi currency is strong and the dollar crisis is on its way to a solution
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Economy News-Baghdad
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Added 02/20/2023 - 12:05 PM
Updated 2023/02/20 - 1:45 PM
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Economy News-Baghdad
Today, Monday, Foreign Minister Fuad Hussein confirmed that the Iraqi currency is strong, while indicating that the dollar crisis is on its way to a solution.
Foreign Minister Fuad Hussein said during a press conference that "the Iraqi delegation that visited Washington consisted of different sectors," noting that "the purpose of the visit to Washington was related to the economic sector."
He explained, "Monetary policy was on the agenda of the Iraqi delegation's visit to Washington," pointing to "discussing political issues, fighting corruption, and regional relations with the American side."
Hussein stressed, "The Iraqi currency is strong, and the Iraqi reserves exceeded 100 billion dollars, and there will be stability for the currency soon," noting that "there are unreal bills that were applying to obtain dollars."
He added, "The talk about imposing conditions on the Iraqi delegation that visited Washington, including normalization with the Zionist entity, is false," stressing that "there are no American conditions on the dollar file."
He continued, "The electronic platform will determine the beneficiary of the dollar and stop smuggling," noting that "the exchange rate of the dollar has begun to decline."
Views 76
Added 02/20/2023 - 12:05 PM
Updated 2023/02/20 - 1:45 PM
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