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Friday 18, December 2020 11:47
Baghdad / NINA / A representative source expected that the dollar exchange rate would reach 150,000 dinars per hundred dollars on Saturday.
The source, who preferred not to be named, told the Iraqi National News Agency / NINA /: "The exchange rate of the dollar will rise to its highest levels and record 150 thousand dinars per 100 dollars, as a result of the leakage of the draft budget that stipulates the approval of 145 thousand dinars per hundred dollars."
The exchange rate of the dollar today, Friday, was recorded at 132,500 thousand dinars per 100 dollars.
According to the leaked draft of the federal budget law for 2021, it included fixing the exchange rate of the dollar on the basis of 1450 dinars and a deficit that exceeded 58 trillion Iraqi dinars. Daily, including 250 thousand barrels are exported from the Kurdistan region.
The leakage of the draft budget to the media and social networking sites sparked widespread controversy and turmoil in the foreign currency market in Baghdad, as the exchange rate of the dollar in the local market rose in a frenzy and exceeded 134 thousand dinars per hundred dollars, before it decreased to 132 thousand dinars after government and parliamentary assurances that the draft Infinite and adjustable. / End 8
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