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Economist for / NINA / The low dinar against the dollar is a transient process and an attempt to shock the Iraqi public I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

Economist for / NINA / The low dinar against the dollar is a transient process and an attempt to shock the Iraqi public

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Economist for / NINA / The low dinar against the dollar is a transient process and an attempt to shock the Iraqi public Empty Economist for / NINA / The low dinar against the dollar is a transient process and an attempt to shock the Iraqi public

Post by RamblerNash Tue Jan 07, 2020 11:20 pm

Economist for / NINA / The low dinar against the dollar is a transient process and an attempt to shock the Iraqi public

Economist for / NINA / The low dinar against the dollar is a transient process and an attempt to shock the Iraqi public 806410-91b6782b-27d4-4ccb-962b-3391ae1873d5

Tuesday 07, January 2020 19:37
 
Baghdad / Nina / The expert on economic affairs counted Thunder, counting the Iraqi dinar exchange rate against the US dollar, a transient process, and waving economic sanctions by the United States is / just a bubble / and trying to deal a shock to the Iraqi public.

Tuwaij said in a statement to the Iraqi National News Agency ( NINA ) that "the US sanctions do not have sufficient justifications, they have no legal basis at the international level and they have a unilateral aspect," calling for the lack of panic and confidence in the good economic situation of the Iraqi economy, especially after achieving cover imports in 2019 $ 78 billion. "

Twij stressed: "The devaluation of the Iraqi dinar is a transient process and a temporary reaction, and it may be motivated by speculation to take advantage of the current crisis and achieve some gains, as the origin of the continued flow of oil and large cash reserves in the central bank, and all this does not prevent the central bank from strengthening monetary control of the movement Cash and follow-up of Iraqi monetary assets with the US Federal Reserve. "

The exchange rate of the US dollar witnessed an increase against the Iraqi dinar to 122,000 dinars, after it settled for several months at the price of 120,000 dinars per 100 dollars as a result of Washington's hinting of imposing economic sanctions on Iraq after the House of Representatives voted to end the American presence in Iraq.

https://ninanews.com/Website/News/Details?key=806410

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