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Two months after its fixation .. The dollar exchange rate will not return to its previous one before 2025

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Two months after its fixation .. The dollar exchange rate will not return to its previous one before 2025

Economy    Iraq    The price of the dollar    The exchange rate of the dinar
2021-05- 20 11:50

Shafaq News /
The Parliamentary Economic and Investment Committee confirmed, on Thursday, that the exchange rate of the dollar against the Iraqi dinar is fixed and does not change until 2025.

It was assumed that there would be a "change in price." The exchange of the dollar against the Iraqi dinar for one year only, "according to committee member Nada Shaker Jawdat, but "the agreement of political forces and the government was the opposite."

According to the agreement, "the dollar exchange rate remains stable until 2025", according to what Jawdat spoke to Shafaq News, noting that "the increase in the price of the dollar caused the price of foodstuffs, reserve and construction materials to rise by 25% from their real value." Finance and the Central Bank Governor to change the exchange rate of the dollar against the Iraqi dinar.”

The Iraqi parliament voted on (March 31, 2021) on the first article of the budget law, which included the adoption of the dollar exchange rate of 1450 dinars per dollar. and n The first article proposed, on calculating the price of a barrel of oil at 65,000 dinars, without mentioning determining the exchange rate, which prompts the fixation of the dollar exchange rate as proposed at 1450 dinars per dollar.

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