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[size=45][size=41]A specialist reveals the fate of dollar prices within a month[/size]
14 hours ago
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14 hours ago
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The head of the Chambers of Commerce in Diyala, Muhammad al-Tamimi, confirmed today, Friday, that the dollar will lose 10% of its value in Iraq within a month.
Al-Tamimi said, in a press interview seen by “Takadam”, that “the last exchange rate for selling the dollar amounted to 151 thousand dinars for every 100 dollars, which is the lowest price in weeks within what is known as the parallel market, which is an indication of a gradual decline.”
Al-Tamimi expected, “The dollar will lose 10% of its value, and perhaps more within a month in the Iraqi markets, and reach less than 140 thousand for every $ 100 if the central bank’s procedures continue in their current contexts, with strict measures to prevent currency smuggling and end the dollarization file of important internal sectors that depend on Years ago, at a rate of 90% on the dollar in sales and trade, including the automotive sector and internal trade.
He pointed out that "ending the parallel market is not impossible in Iraq, but it needs exceptional efforts, especially ending internal transactions in dollars, which constitute the most important pressure factors on the exchange rate at the present time."
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