Economie| 10:59 – 12/29/2022
Baghdad – Mawazine News
, Advisor to the Prime Minister, Mazhar Muhammad Salih, explained, on Thursday, regarding fluctuations in the exchange rate of the dollar in the Iraqi market, while confirming that the external transfer platform meets 90% of the market demand for foreign currency.
Salih said in an interview with the official news agency, followed by Mawazine News, that “Iraq is one of the largest countries in the region in terms of its current reserve financial capabilities,” explaining that “rumors and gossip began to circulate among people as a result of the fluctuations in the exchange market following the adoption of international controls that surrounded the work of The external transfer platform, which meets 90 percent of the market demand for foreign currency.
He added, “We would like to reassure everyone that, with the increasing transparency of information provided by the commercial community requesting financing its import in foreign currency through effective mediation by the Central Bank and passing through the international auditing platform, the collection of foreign currency is increasing to meet the requirements of foreign trade and is achieved immediately and at the official exchange rate of 1460 dinars to the dollar.
He pointed out that “the financial market is in an adjustment phase to rearrange its conditions in the correct and orderly direction, and there are no concerns,” noting that “the government economy constitutes the center of gravity in organizing economic life and possesses sufficient basic ingredients in supporting and stabilizing the market economy.”
The prime minister’s advisor called for “rejecting misleading rumors launched by speculators and enemies of stability.” Ended 29/N33