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An economist warns against adopting dinars in commercial dealings with other countries and explains why

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An economist warns against adopting dinars in commercial dealings with other countries and explains why

   352 Economy 12/28/2020 09:27 ht
Baghdad Today - Special


Economic expert Rasem Al-Akidi warned, Monday (December 28, 2020), against adopting the Iraqi dinar currency in commercial dealings between Iraq and other countries.

"The announcement by some countries, including Iran, that they will deal in the Iraqi dinar in their commercial dealings with us, is a new economic catastrophe that will harm the Iraqi economy," Al-Aqidi said in an interview with (Baghdad Today).

He added, "Those countries will have control over the issue of selling the dollar at home, and this will be greatly reflected in the activities of the Ministry of Finance."

The economic expert noted that "the countries that will deal in the Iraqi dinar during commercial dealings with us, will not be harmed in the event that they decide to buy hard currency, from currency dealers and some private banks affiliated with them."

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