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Adviser to the Prime Minister: Central Bank measures reduced the dollar by 60 points against the dinar
Economy yesterday, 22:07
Baghdad - conscious
Adviser to the Prime Minister Fadi Al-Shammari confirmed today, Monday, that the
Central Bank's measures reduced the dollar by 60 points against the dinar.
Al-Shammari said, in a statement received by the Iraqi News Agency (INA):
"The rapid measures that Prime Minister Muhammad Shia'a al-Sudani directed to implement them contributed to gradually rebalancing the dinar exchange rate," noting that,
"after a series of precise and effective measures from the Central Bank, it decreased." The dollar increased by 60 points against the Iraqi dinar. He added,
"The Iraqi government seeks to
control the rhythm of the financial market,
encourage traders to engage in legitimate financial transactions, and
ease administrative procedures," expecting that
"decisions to reduce taxes will contribute to increasing the value of the Iraqi dinar during the coming period." And he continued,
"The central bank's procedures for transferring 116 exchange companies that were receiving their weekly shares of dollars from the punished banks to other banks and
easing the imposed taxes, as well as the
central bank's diagnosis of manipulators,
contributed effectively to the stability of the dinar's exchange rate."
https://www.ina.iq/190618--60-.html
Economy yesterday, 22:07
Baghdad - conscious
Adviser to the Prime Minister Fadi Al-Shammari confirmed today, Monday, that the
Central Bank's measures reduced the dollar by 60 points against the dinar.
Al-Shammari said, in a statement received by the Iraqi News Agency (INA):
"The rapid measures that Prime Minister Muhammad Shia'a al-Sudani directed to implement them contributed to gradually rebalancing the dinar exchange rate," noting that,
"after a series of precise and effective measures from the Central Bank, it decreased." The dollar increased by 60 points against the Iraqi dinar. He added,
"The Iraqi government seeks to
control the rhythm of the financial market,
encourage traders to engage in legitimate financial transactions, and
ease administrative procedures," expecting that
"decisions to reduce taxes will contribute to increasing the value of the Iraqi dinar during the coming period." And he continued,
"The central bank's procedures for transferring 116 exchange companies that were receiving their weekly shares of dollars from the punished banks to other banks and
easing the imposed taxes, as well as the
central bank's diagnosis of manipulators,
contributed effectively to the stability of the dinar's exchange rate."
https://www.ina.iq/190618--60-.html
