An economic specialist to / Nina /: The dollar price will remain high .. and its return to what it was before will be within two years

Tuesday 29 June 2021 19:26
 
Baghdad / NINA / - The specialist in economic affairs, Hussein Shaker Tohilo, ruled out the return of the dollar exchange rate to its previous price against the dinar, 118 thousand dinars, describing the recent discussions by the Parliamentary Finance Committee and the Central Bank as courtship.

Tohilo said in a statement to the National Iraqi News Agency / NINA / that "the Parliamentary Financial Committee's recent flirtations with the Governor of the Central Bank do not work for the return of the dollar exchange rate to what it was in the past, and the suffering of citizens will remain, stressing that, the instability of the dollar exchange rate and its rise in The recent period, with the increase in food prices in general, is due to the policy of the Central Bank.

He pointed out that "the policy of the Central Bank focused on reserve growth only, as it caused confusion in monetary policy, instability of the exchange rate, and neglect of other real economic indicators (such as domestic product, public debt, interest, employment and unemployment, poverty rate, and net foreign trade) so it is difficult That the exchange rate returns to what it was in the past, except within two years, after which it will be done gradually.

The exchange rate of the dollar today, Tuesday, was 147.250 dinars against every $100. / End 8

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