Monday, December 22, 2025

First comment from the Sudanese regarding the dollar exchange rate

 First comment from the Sudanese regarding the dollar exchange rate


12/16/2025 – Baghdad

Prime Minister Mohammed Shia Al-Sudani confirmed on Tuesday (December 16, 2025) that changing the dollar exchange rate falls within the exclusive powers of the Central Bank of Iraq.

In a televised interview followed by “Baghdad Today”, Al-Sudani said: “Changing the dollar exchange rate is the sole prerogative of the Central Bank of Iraq,” stressing that “the government has managed to reduce the gap in the exchange rate between the official and parallel rates,”

indicating the government’s success in reducing the gap in the exchange rate.

Al-Sudani added: “We currently tend to maintain stability by fixing the exchange rate and not changing it from time to time to ensure market stability,” noting that “the government strongly supported correcting the conditions of private banks in order to bring them back into the market and to operate within international standards.” (LINK)