Monday, August 5, 2024

Central Bank Governor: We Will Not Go To Reduce The Dollar Exchange Rate Now, 5 AUGUST

 Time: 08/04/2024 15:22:32 Read: 2,860 times {Economic: Al-Furat News} Member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi, confirmed that the Governor of the Central Bank, Ali Al-Alaq, confirmed that

“there will no longer be a reduction in the dollar exchange rate.”

Al-Dulaimi said in a press statement that

 “the price of the dollar has stabilized somewhat, and may rise and fall within certain limits,” indicating:

 “We will not currently go to reduce the price of the dollar, as the Governor of the Central Bank said, given that there are other measures that have not been taken.”  She warned that

 "the security repercussions that occurred recently and the problems between Iran and America could have repercussions on some banks and the price of the dollar." 

She explained that   "the Ministry of Finance is demanding financing, and the matter has not yet been resolved, and  it is one of the reasons for hosting the Governor of the Central Bank today, as  there were answers and he will soon send other answers."

 Today, Sunday, the Parliamentary Finance Committee hosted the Governor of the Central Bank to follow up on the

      exchange rate file, the

     Real Estate Bank initiative, the

     auction file, and

     financing foreign trade.

 It is noteworthy that the exchange rate of the dollar in the parallel market is about 1,490 dinars, while the Central Bank of Iraq sells the dollar at the official price of 1,320 dinars. https://alforatnews.iq/news/محافظ-البنك-المركزي-لن-نذهب-الى-خفض-صرف-الدولار-حالياً     

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