Day: January 5, 2023

Sudanese Economic Adviser: The Iraqi dinar is in its strongest degree of stability

Walter

economy |Today, 21:39 |

    

Baghdad today – Baghdad

Today, Thursday, the financial and economic advisor to the Prime Minister, Mazhar Muhammad Salih, saw that the Iraqi dinar is in the strongest degree of its stability.

Saleh said, to (Baghdad Today), that “the Iraqi dinar is in its strongest degree of stability, the instability of the exchange rate of the dollar against the dinar is caused by international compliance controls that required transparency and broader governance in the behavior of merchants in foreign currency through financing foreign trade from the window of the central bank, and this lack Stability is my time, and it will be back very soon.”

And he indicated that “the balance of foreign currency reserves is around 100 billion dollars, which is the highest in Iraq’s financial history, and this confirms that the Iraqi dinar is in the strongest degree of stability. back to normal as it was before.

This comes as the exchange rate of the dollar has been fluctuating for days, after reaching the threshold of 160,000 dinars for every 100 dollars. It later declined and then rose to about 156,000 dinars, amid government pledges to control the exchange rate.

Edit: G. F

https://baghdadtoday.news/209435-%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A-%D8%A7%D9%84%D8%AF%D9%8A%D9%86%D8%A7%D8%B1-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D8%A8%D8%A3%D9%82%D9%88%D9%89-%D8%AF%D8%B1%D8%AC%D8%A7%D8%AA-%D8%A7%D8%B3%D8%AA%D9%82%D8%B1%D8%A7%D8%B1%D9%87.html

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Parliamentary Finance reveals the reason for the return of the dollar’s rise

Walter


  • Time : 2023/01/05 08:23:38
  • Read : 1,404 times
Parliamentary Finance reveals the reason for the return of the dollar's rise

  

{Economic: Euphrates News} A member of the Parliamentary Finance Committee Jamal Cougar revealed, on Thursday, the issue of the rise in dollar exchange rates due to political and economic speculation.

“The government is not seeking to raise dollar prices and things are still under its control and the central bank, which has high foreign currency reserves,” Cougar said in a press statement.

“The government will return the exchange rate to its previous rate of 1,480 dinars,” he added.

“Any talk of returning prices to 1,200 dinars to one dollar has become a thing of the past and the shops,” he added.

https://alforatnews.iq/news/المالية-النيابية-تكشف-سبب-عودة-ارتفاع-الدولار