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THE CENTRAL BANK SETTLES THE DOLLAR ORDER FOR THE COMING YEARS
Monday, April 12, 2021 6:15 PM
Private / National News Center
Today, Monday, the Central Bank of Iraq decided the file of the dollar exchange rate for the coming years.
The Deputy Governor of the Central Bank, Ihssan Shamran, told the National News Center that “the exchange rate of the dollar during the coming years will not change,” indicating that “the central bank did not resort to a gradual change in the exchange rate because it causes a catastrophic collapse in the exchange rate and confuses the market.”
Shamran stressed, "There is no harm in raising the exchange rate," explaining that "the International Monetary Fund has advised us to make the exchange 1,600 dinars per dollar."
He added that "the fair value of the exchange is 2,400 dinars per dollar."
https://nnciraq.com/60927/