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An expert talks about the implications for the Iraqi economy in the event of a reduction in the price of the dollar

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An expert talks about the implications for the Iraqi economy in the event of a reduction in the price of the dollar

07/19/2022    27

Earth News/
The economic expert, Nasser Al-Kinani, revealed, today, Tuesday, the implications for the Iraqi economy in the event of a reduction in the price of the dollar during the next stage.  Al-Kinani said, in an interview with Earth News,

"The media statements by some parliamentarians and political parties regarding returning the dollar price to the old price and decreasing it is anesthetization and

it is not possible to reduce the value of the dollar against the Iraqi dinar during the next stage due to the negative damages of such decisions."  And Al -Kinani indicated that

if the dollar price is returned to the old price and reduced, this is an economically uncompromising decision and

does not reflect on the prevailing prices on all goods and from the real estate and cars market and the wraps of doctors, medicines and all other matters, and

perhaps it will create major economic problems, and

for this we do not expect There is any real and actual procedure to return the dollar price to the old price.”

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