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The government is commented on the possibility of re-exchange rate of the dollar and the end of the currency auction- urgent
2,433 Economy 2022/14/14:53
Baghdad today - Baghdad
Today, Monday, the government's economic advisor Haitham al -Jubouri ruled out that the government took any decision towards the dollar exchange rate, indicating that
the best solution lies in strengthening the national currency against the dollar.
Al -Jubouri said in a televised statement followed by (Baghdad Today) that
"a decision regarding the exchange rate of the dollar to reduce or raise is excluded at the present time." He added that
"the best solution in ending the crisis of the low value of the dinar is the currency to
strengthen the local currency,
expand its activity and
diversify its sources."
Regarding the possibility of ending the currency auction, Al -Jubouri mentioned that
"the currency auction does not mean selling the dollar only,
but also buying the dinar to grant 10 trillion dinars for the benefit of state employees every month, which means that it is not possible to dispense with it."
The government is commented on the possibility of re-exchange rate of the dollar and the end of the currency auction- urgent
2,433 Economy 2022/14/14:53
Baghdad today - Baghdad
Today, Monday, the government's economic advisor Haitham al -Jubouri ruled out that the government took any decision towards the dollar exchange rate, indicating that
the best solution lies in strengthening the national currency against the dollar.
Al -Jubouri said in a televised statement followed by (Baghdad Today) that
"a decision regarding the exchange rate of the dollar to reduce or raise is excluded at the present time." He added that
"the best solution in ending the crisis of the low value of the dinar is the currency to
strengthen the local currency,
expand its activity and
diversify its sources."
Regarding the possibility of ending the currency auction, Al -Jubouri mentioned that
"the currency auction does not mean selling the dollar only,
but also buying the dinar to grant 10 trillion dinars for the benefit of state employees every month, which means that it is not possible to dispense with it."
