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Antoine to {Al-Furat News} The Central Bank surprised us with a successful change in the dollar's price

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Antoine to {Al-Furat News} The Central Bank surprised us with a successful change in the dollar's price Empty Antoine to {Al-Furat News} The Central Bank surprised us with a successful change in the dollar's price

Post by RamblerNash Sat Dec 19, 2020 10:49 am

Antoine to {Al-Furat News} The Central Bank surprised us with a successful change in the dollar's price -3951
Time: 12/19/2020 17:55:56
 
(Baghdad: Al Furat News) Economist Basem Jamil Antoine confirmed, Saturday, that "the Central Bank surprised us by changing its position towards the dollar exchange rate."

Antoine told {Euphrates News} that "the Central Bank surprised us with the approval and approval of the process of changing the exchange rate of the dollar as for the Iraqi dinar." They were not affected and the social implications of this decision were not taken into account. "

And that "the decision to raise the dollar creates consequences for the increase in inflation. The poor classes and employees with middle salaries will suffer and bear the responsibility of the decision, because about 20% of their average limited income has been withdrawn."

He pointed out that "the Iraqi market is an importer and will pay the price of the white paper, the poor and destitute classes. The government took its deficit from their pockets," noting that "the decision has great social consequences."

The Central Bank announced the adoption of new exchange rates for the dollar to 145 dinars against the dollar.

Raghad Daham

LINK

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