14:16 - 2023-04-21
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, expected that the exchange rate of the dollar in the parallel market would approach the official rate.
Saleh said in a press statement: "We expect very soon that the exchange rate of the parallel dollar will approach the official rate with the continuation of external transfers, especially since all private banks have committed themselves to transfers and the electronic government controls these external transfers."
And he indicated that "all these matters will lead to the decline of the parallel dollar exchange rate to the official rate."
Prime Minister Muhammad Shia al-Sudani said in an interview with a number of local media two days ago that: "The fluctuations in the exchange rates of the dollar are the result of the non-implementation of the agreement signed between the previous government and the central bank with the Federal Bank and the US Treasury."
Al-Sudani added, "The exchange rate of the dollar against the dinar will decrease to reach its official price of 1,320 dinars," stressing that "the Iraqi dinar is strong and the financial situation is at its best, and we have great confidence in the Iraqi dinar."
He stressed that "the exchange rates of the dollar tend to stabilize and reach the official rate soon."
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