WOTS MON JUL 19 21 Al-Kazemi's advisor: No change in the dollar exchange rate
- Author
- Tish Washington
- Published
- Tue 20 Jul 2021
- Episode Link
- https://podcasters.spotify.com/pod/show/tish-washington8/episodes/WOTS-MON-JUL-19-21-Al-Kazemis-advisor-No-change-in-the-dollar-exchange-rate-e14nu5n
To read this article in FULL and MORE go to: My FX Buddies Blog
Al-Kazemi's advisor: No change in the dollar exchange rate
Mazhar Muhammad Salih, the economic advisor to Prime Minister Mustafa Al-Kazemi, stressed on Monday, not to rely on oil prices because they are unstable, in changing the dollar exchange rate against the Iraqi dinar.
Saleh told Shafaq News Agency, "The dollar exchange rate is fixed and there is no change in it, and any increase or decrease in the exchange rate in the market from the specified price is due to the process of demand for the currency."
He added, "If there is a change in the exchange rate, this is due to the improvement in oil prices in the long term," stressing that "oil prices are not fixed and may rise or fall during the coming period."
