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Iraq: The World Bank called on us to raise the exchange rate of the dollar to 160,000 dinars DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Iraq: The World Bank called on us to raise the exchange rate of the dollar to 160,000 dinars

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Iraq: The World Bank called on us to raise the exchange rate of the dollar to 160,000 dinars Empty Iraq: The World Bank called on us to raise the exchange rate of the dollar to 160,000 dinars

Post by RamblerNash Tue Apr 13, 2021 9:42 am

Baghdad, April 13 (Petra) -Iraq announced today, Tuesday, that the World Bank proposed to amend the dollar exchange rate to 160 thousand dinars per 100 dollars, compared to neighboring countries.

The Deputy Governor of the Central Bank of Iraq, Ihssan Shamran Al-Yasiri, said in press statements that the World Bank and in negotiations to raise the exchange rate of the dollar against the value of the Iraqi dinar, they asked us to be 160 thousand dinars per 100 dollars. And Abizaid, but the Central Bank of Iraq, through its study of the market and the living situation, found that the current value of the exchange rate is 145 thousand suitable.

He added that this provided a competitive advantage of more than 23 percent against the importer of products, which had difficulty competing with the local product.

He pointed out that the Iraqi government could invest the initiative to adjust the exchange rate through more support for local industry and agriculture to encourage competition for Iraqi goods to foreign goods.

- (Petra) FB / HH / SAA 04/13/2021 15:16:28

https://petra.gov.jo/Include/InnerPage.jsp?ID=174257&lang=ar&name=news
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