"THE ONLY WAY IS TO RELEASE THE AGREED UPON EXCHANGE RATE!!!" BY FRANK26, 11 JUNE

 KTFA

FRANK26: "THE ONLY WAY IS TO RELEASE THE AGREED UPON EXCHANGE RATE!!!"..........F26

An economist identifies two ways for the dollar to approach the official Iraqi price

6/9/2024

Economic affairs researcher, Mahmoud Dagher, said that the decline in the exchange rates of the dollar against the dinar is currently temporary, while he identified two paths to reach the official price.

Dagher said, “The decline in the exchange rates of the dollar against the dinar in Iraq is temporary at the present time.”

He added, “Stabilizing the exchange rate towards the target requires a long time,” adding, “There is no information about sanctions for new banks, but the possibilities are possible.”

Dagher stressed, “The price of the dollar against the Iraqi dinar will reach the official price, once all Iraqi border crossings are controlled and unified fees are imposed. Otherwise, it will be difficult to stabilize the exchange rate.”

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