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Chambers of Commerce: The dollar exchange rate may reach 140 thousand
two hours ago457
The Chambers of Commerce expected the dollar exchange rate to reach 140,000 per $100 within a month.
The head of the Diyala Chambers of Commerce, Muhammad Al-Tamimi, said in a press interview seen by “Taqaddam” that “the compass of the parallel market leads towards the gradual and continuous decline for 18 days of the dollar exchange rate,” pointing out that “today it approached the barrier of 147 thousand dinars for every $100, and it may witness another decline in the price.” The evening tour, whether in Baghdad or Erbil.
He added, “The exchange rate may reach 140,000 dinars for every $100, especially with an abundance of supply offset by a reduction in purchasing, which created pressure that led to a decline in prices in the past days.”
He pointed out that “state institutions are about to launch more than 1,300 projects in the governorates in early 2024, which may contribute to increasing the demand for the dollar, but the Central Bank’s measures, through the electronic platform, may contribute to limiting any strong increases that exceed the barrier of 150 thousand for every $100.” .
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two hours ago457
The Chambers of Commerce expected the dollar exchange rate to reach 140,000 per $100 within a month.
The head of the Diyala Chambers of Commerce, Muhammad Al-Tamimi, said in a press interview seen by “Taqaddam” that “the compass of the parallel market leads towards the gradual and continuous decline for 18 days of the dollar exchange rate,” pointing out that “today it approached the barrier of 147 thousand dinars for every $100, and it may witness another decline in the price.” The evening tour, whether in Baghdad or Erbil.
He added, “The exchange rate may reach 140,000 dinars for every $100, especially with an abundance of supply offset by a reduction in purchasing, which created pressure that led to a decline in prices in the past days.”
He pointed out that “state institutions are about to launch more than 1,300 projects in the governorates in early 2024, which may contribute to increasing the demand for the dollar, but the Central Bank’s measures, through the electronic platform, may contribute to limiting any strong increases that exceed the barrier of 150 thousand for every $100.” .
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