A member of the Parliamentary Finance Committee is likely to return the dollar to its previous price
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A member of the Parliamentary Finance Committee is likely to return the dollar to its previous price
by RamblerNash Sun Jun 20, 2021 11:50 pm
Sunday 20 June 2021 18:44
Baghdad / NINA / - Member of the Finance Committee, Representative Ahmed Hama Rashid, suggested that the dollar exchange rate will return to its previous price against the dinar, stressing that the rise in Iraq's financial imports of oil will reduce the price of the dollar in the market.
Rashid said in a statement to the National Iraqi News Agency ( NINA ) that "Basra, light and heavy oil prices recorded their highest price in years, and this is thanks to the rise in global oil prices and the increase in demand for it, which contributes to the entry of hard currency into Iraq, the increase in the dollar supply in the local market and the decrease in demand for it, and thus the decrease Its inflamed price."
He pointed out that "traders and speculators took advantage of the decision to float the dinar by raising the price of the dollar to its maximum limit, and it began to rise above what was decided in the general budget, and this harmed the very simple citizen. In the market to control the rise of the dollar.” / End 8
https://ninanews.com/Website/News/Details?Key=911167
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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