Catch Up NOV 17 21 The Central Bank of Iraq: The change in the price of the dollar has nothing to do with the financial crisis
- Author
- Tish Washington
- Published
- Thu 18 Nov 2021
- Episode Link
- https://podcasters.spotify.com/pod/show/tish-washington8/episodes/Catch-Up-NOV-17-21-The-Central-Bank-of-Iraq-The-change-in-the-price-of-the-dollar-has-nothing-to-do-with-the-financial-crisis-e1af4e9
Catch Up NOV 17 21 The Central Bank of Iraq: The change in the price of the dollar has nothing to do with the financial crisis
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The Central Bank of Iraq: The change in the price of the dollar has nothing to do with the financial crisis, and the rise in oil prices will not fill the budget deficit
The Central Bank of Iraq resolved the controversy over the return of the dollar exchange rate to its previous position simultaneously.
The Deputy Governor of the Bank, Ihsan Shamran Al-Yasiri, stated, in a statement to the National Iraqi News Agency ( NINA ), that “the change in the dollar exchange rate has been studied by several specialized technical, financial and executive bodies,” noting that “the exchange rate was modified only based on extensive studies between the Ministry of Finance, the executive authority and the monetary authority, which is the central bank, in agreement with important international institutions to clarify the fair price of the dollar.”
He added, "We reached this price of 1450 dinars against the dollar, to which the central bank commission and the bank's commission are added to the public, which means that the price of the financial policy is 1450 dinars against the dollar, the price of the central bank is 1460 and the price of banks is 1470 dinars to the public."
