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A statement issued by the Central Bank of Iraq regarding the exchange rate adjustment Dec 21, 2020 During the last months of this year, intense deliberations took place with the Prime Minister, the Minister of Finance and the Legislative Authority, regarding the general economic situation and the financial crisis that the public finances are going through due to low oil prices and production, and the economic and health challenges. The Board of Directors of the Central Bank held a number of meetings, some of which hosted the Minister of Finance for the same purpose. The