Sudanese Advisor: The government's battle with the dollar is nearing its end, 25 DEC

 Sudanese Advisor: The government's battle with the dollar is nearing its end

   Baghdad 

The media advisor to the Prime Minister, Hisham Al-Rikabi, confirmed today, Sunday, that the Iraqi government’s battle with speculators in the dollar exchange rates is nearing its end .

Al-Rikabi said in a blog post on the “X” platform, which Al-Ghad Press viewed, that “the will that the Sudanese government possesses to carry out reform within the financial institutions in Iraq and the insistence on correction were important factors in strengthening confidence between Baghdad and Washington, and constituted a positive step in achieving success.” inside ".

He added: "We said it before and we confirm it today. Our battle with the dollar is almost over ."

Today, Sunday, the local markets witnessed a decline in the exchange rates of the dollar in the parallel market to 150 thousand dinars .

Yesterday, Saturday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed that the dollar exchange rates in the parallel market began to approach the official price set at 1,320 dinars per dollar after the recent measures taken by the Central Bank and the Iraqi government .

Earlier today, Sunday, the United States pledged to continue providing “dollar services” to Iraq in the interest of economic stability .

The US ambassador to Baghdad, Alina Romanowski, said in a blog post seen by Al-Ghad Press that the United States “continues its cooperation with the Central Bank of Iraq. Many Iraqi banks have now formed relationships with international banks for the first time, which is a positive step in making progress in reforming... The banking sector".  LINK