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Economic institute demonstrates the positive aspects of raising the price of the dollar

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Economic institute demonstrates the positive aspects of raising the price of the dollar Empty Economic institute demonstrates the positive aspects of raising the price of the dollar

Post by RamblerNash Mon Dec 21, 2020 12:43 pm

Economic institute demonstrates the positive aspects of raising the price of the dollar Photo-2019-10-02-10-26-07-34
Time: 12/21/2020 11:10:56
 
{Baghdad: Al Furat News} The Iraqi Institute for Economic Reform explained the positive aspects of raising the dollar’s ​​exchange rate against the Iraqi dinar.

The institute described in a statement, the Euphrates News Agency, a copy of it, the government's move to reform the exchange rate of the dinar as "courage, which has long been awaited, as the price of the Iraqi dinar over the past period was higher than its real value, causing some damage to the Iraqi economy."

The central bank decided the day before yesterday, Saturday, to amend the dollar exchange rate, as follows: 

1450 dinars per dollar, the price of buying foreign currency from the Ministry of Finance.

1460 dinars per dollar the selling price of foreign currency to banks.

1470 dinars per dollar is the selling price of foreign currency to the public.

The Ministry of Finance attributes the reason for the increase in the dollar exchange rate to reducing the large deficit in the 2021 budget.

Ammar Al-Masoudi

Economic institute demonstrates the positive aspects of raising the price of the dollar Ff326fdbb99066543cef8bbeabf73434

Economic institute demonstrates the positive aspects of raising the price of the dollar 115acf0e62e6e62aab5e6dcd475d1a32


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