Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

An economist submits a proposal to address the consequences of the high exchange rate of the dollar against the dinar DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

An economist submits a proposal to address the consequences of the high exchange rate of the dollar against the dinar

Go down

An economist submits a proposal to address the consequences of the high exchange rate of the dollar against the dinar Empty An economist submits a proposal to address the consequences of the high exchange rate of the dollar against the dinar

Post by RamblerNash Mon Mar 29, 2021 10:47 pm

An economist submits a proposal to address the consequences of the high exchange rate of the dollar against the dinar 895877-35ce5146-b6af-4080-8b4e-44302ba55142
Monday 29, March 2021 09:40
 
Baghdad / NINA / Economic expert, Raad Twig, presented a proposal to address the results and effects of the high exchange rate of the dollar against the dinar.

Twig said in a statement to the Iraqi National News Agency ( NINA ): "The Board of Directors of the Central Bank of Iraq, officially responsible for building monetary policy, must take into account the effects of the high exchange rate of the dollar against the dinar."

And he suggested that the Central Bank make exceptions to the exchange rate by selling the dollar at a low exchange rate to those who sell food and essential commodities for the Iraqi consumer basket and in accordance with what contributes to the decrease in the general level of prices. ”

He pointed to the high general level of prices in the annual inflation index in January of this The year 2021 increased by 3.3% compared to the same month for the year 2020, and this increase was concentrated in the rise in the goods and services index by 2.1%.

And he continued, "After granting exceptions in the exchange rate, it is possible to impose control on the prices of food and essential commodities after granting this privilege."

The prices of foodstuffs and basic commodities witnessed a remarkable increase after the increase in the dollar exchange rate against the dinar to 146 thousand dinars for every hundred dollars.

https://ninanews.com/Website/News/Details?key=895877
RamblerNash
RamblerNash
GURU HUNTER
GURU HUNTER

Posts : 20556
Join date : 2015-02-19

View user profile

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum