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US Treasury: We are ready to assist Iraq in re-stabilizing the exchange rate
The first 2023/04/13
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Yesterday, Wednesday, the US Treasury Department showed "great flexibility and willingness" to assist the Central Bank of Iraq in achieving stability in the exchange rate of the dollar against the dinar.
This came during a meeting with the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, yesterday, Assistant Secretary of the US Treasury Brian Nelson on the sidelines of the annual meetings of the International Monetary Fund and the World Bank, according to a statement issued by the media office of the Central Bank.
The statement said: The two parties discussed facilitating the procedures of the Central Bank of Iraq in the process of financial transfers, indicating that the US Treasury showed great flexibility and willingness to assist the Central Bank of Iraq in its efforts to achieve stability in the exchange rate. The statement quoted the governor as confirming that he had agreed with the Assistant Secretary of the US Treasury to intensify communication between the technical teams of the two parties to implement the facilitating steps agreed upon during the meeting, within a short period. Yesterday, Wednesday, in the US capital, Washington, the meetings of the Iraqi delegation with the International Monetary Fund and the World Bank began, in the presence of Al-Alaq and Finance Minister Taif Sami.
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