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An economist rules out the dollar's return to its previous price DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

An economist rules out the dollar's return to its previous price

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An economist rules out the dollar's return to its previous price Empty An economist rules out the dollar's return to its previous price

Post by RamblerNash Sun Feb 27, 2022 9:51 pm

An economist rules out the dollar's return to its previous price 959306-b2167cc5-09de-48ac-b49d-a6462c2ebce6
Saturday 26 February 2022 09:42
 
Baghdad / NINA / - The economic expert, Raad Twij, ruled out the return of the dollar exchange rate to the previous price of 118 thousand Iraqi dinars.

Twig said in a statement to the National Iraqi News Agency / NINA /: “In view of the insistence of the Central Bank and the Ministry of Finance on the grounds that the recent change in the exchange rate was a final and decisive matter, it is unlikely to return to the previous exchange rate, especially since it has been a long time.” .

He noted that "the Iraqi economy, with all its monetary and real sectors, has rebalanced the new price according to the market system."

He added: "Although the decision harmed many segments, especially the poor, it reduced the smuggling of hard currency to other countries, and the demand for hard currency is still high and increasing."/ End 8

https://ninanews.com/Website/News/Details?key=959306
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