Parliamentary Finance: The exchange rate of the dollar will remain high for the coming years


Political | 12:56 – 01/20/2021

BAGHDAD – Mawazine News

The Parliamentary Finance Committee confirmed, on Wednesday, that the high price of the dollar against the Iraqi dinar will continue for the next three years.

Committee member Sherwan Mirza said that the dollar exchange rate against the Iraqi dinar will remain high for the next three years, according to the plan of the Central Bank of Iraq.

He added: The government has won 12 trillion dinars from the decision to raise the price of the dollar against the Iraqi dinar, and this will lead to reducing the deficit in the federal budget for the year 2021.

https://www.mawazin.net/Details.aspx?jimare=138594

4 thoughts on “Parliamentary Finance: The exchange rate of the dollar will remain high for the coming years

  1. I wouldn’t expect Iraq to suggest an increase in the rate, it would work against the efforts to pull note into the CBI

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  2. I can’t find a bank to exchange my Dinar for the U.S. Dollar. I have waited for too many years for the RV. What a waste of money and time. All these gurus saying a window is around the corner are a bad joke. No wonder one of them didn’t reply to my offer to take his family out to dinner at his choice of restaurants in El Paso, Texas. I imagine he was too embarrassed.

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