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Economist: The decline in the dollar is a matter of time, as business operations adapt to monetary policy
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[rtl]Baghdad / NINA / - The expert in economic affairs, Raad Twij, confirmed that the decline in the price of the dollar is a matter of time, related to the adaptation of commercial operations with monetary policy.
Twigg said in a statement to the National Iraqi News Agency / NINA /: "The integration of Iraqi merchants' dealings within the electronic platform of the Central Bank does not exceed 20% of the total number of merchants," indicating: "Increasing this percentage could be an administrative issue in which the Central Bank undertakes Al-Iraqi introduces merchants to the mechanisms of submission, which will prompt merchants to move away from parallel markets and resort to the electronic platform.
He explained: "This will be in favor of a greater decline in the dollar and its approach to the official price of 1,300 dinars," stressing that the process of declining the exchange rate is a matter of time in which commercial operations adapt to monetary policy , which will not exceed six months. The current year announced economic measures and packages, including the electronic platform to reduce the exchange rate of the dollar against the dinar, which witnessed a significant increase in the past few months./ End 8 To receive more news, subscribe to our[/rtl]
Twigg said in a statement to the National Iraqi News Agency / NINA /: "The integration of Iraqi merchants' dealings within the electronic platform of the Central Bank does not exceed 20% of the total number of merchants," indicating: "Increasing this percentage could be an administrative issue in which the Central Bank undertakes Al-Iraqi introduces merchants to the mechanisms of submission, which will prompt merchants to move away from parallel markets and resort to the electronic platform.
He explained: "This will be in favor of a greater decline in the dollar and its approach to the official price of 1,300 dinars," stressing that the process of declining the exchange rate is a matter of time in which commercial operations adapt to monetary policy , which will not exceed six months. The current year announced economic measures and packages, including the electronic platform to reduce the exchange rate of the dollar against the dinar, which witnessed a significant increase in the past few months./ End 8 To receive more news, subscribe to our[/rtl]
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