The Central Bank comments on the comments to reduce the price of the dinar against the dollar

by **claud39** Mon Oct 26, 2020 10:49 am

October 18, 2020

The Central Bank comments on the comments to reduce the price of the dinar against the dollar News-160300375713846

The Central Bank of Iraq confirms that the statements that have spread recently regarding (reducing the exchange rate of the Iraqi dinar against the dollar) represent the viewpoint of those who stated it and do not represent the official position of the Central Bank, and this was accompanied by a number of rumors launched by speculators, which affected the price (temporarily).

This bank declares that the exchange rate is fixed and unchanged, and that its monetary policy is clear and transparent. Note that its foreign currency reserves are "very good" according to all international indicators, in a way that enables it to overcome the current crisis that the country is going through.

This bank hopes that the media will rely exclusively on the sources of the Central Bank in this regard.

The Central Bank of Iraq
Media Office
October 18, 2020

https://cbi.iq/news/view/1580