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[size=45][size=41]After the measures...the dollar is gradually losing its dominance, and an expert expects prices to stabilize at 140,000[/size]
3 hours ago
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3 hours ago
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Economic expert Nabil Al-Tamimi confirmed that the steps taken by the Central Bank and the Iraqi government contributed to reducing the price of the dollar.
Al-Tamimi said in a press interview seen by “Taqaddam” that “the recent decline in the dollar exchange rate came due to government measures taken by the Central Bank, including dealing in the euro and the UAE dirham in trade and foreign transfers.”
He added, “The dollar will continue to decline, but it needs time to reach the official price, and the government must continue these measures, provided that they are temporary measures, and it is possible that it will stabilize at 140 thousand dinars during the coming period.”
During the past few days, the dollar exchange rates witnessed a noticeable decline against the Iraqi dinar, as the decline reached its extent today, Monday (December 25, 2023), and prices recorded 149 thousand Iraqi dinars for every 100 US dollars in the markets of Erbil and Baghdad.
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