After the Eid jump… a specialist predicts the dollar exchange rates in Iraq, 22 JUNE

After the Eid jump… a specialist predicts the dollar exchange rates in Iraq

Baghdad today – Baghdad

Economic expert Sirwan Abdel Rahman confirmed today, Friday (June 21, 2024), that the measures of the government and the central bank will contribute to reducing the price of the dollar again.

Abdul Rahman said in an interview with “Baghdad Today”, “The Central Bank’s measures reduced the chances of speculators and currency traders who wanted to exploit the crisis and raise the price of the dollar to more than 200 thousand dinars.”

He added, “The current price of the dollar is 145 thousand dinars, and if the Central Bank’s measures continue, especially in the issue of emphasizing the transfer of dollars except to those entitled to them, the price will fall in the parallel market and stabilize in the coming weeks at 140 thousand dinars.”

Since Eid al-Adha, the exchange rates of the dollar against the Iraqi dinar have risen until they exceeded 147 thousand dinars for every 100 dollars, after being below 145 thousand dinars during the past weeks.

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