Government official: The Return of the rise in dollar prices due to the end of the "rumors" of speculators
Economy breaking General budget Central Bank of Iraq The rising price of the dollar
Shafaq News/ a government official confirmed, on Sunday, that the rise in dollar prices again is due to the end of rumors and assurances of the central bank.
The official said in an interview with Shafaq News Agency that
"the end of the rumors promoted by some speculators and dollar traders about the government's quest to reduce the price of the dollar,
as well as the assurances of the central bank to stabilize the exchange rate in order to maintain the stability of the Iraqi market led to a gradual rise in the price of the dollar over the past days.
The official, who preferred not to be named, added that
"any adjustment to the dollar exchange rate within the budget policy being prepared for 2023 has not been touched upon so far," pointing out that
"any change in the exchange rate needs to be
pressure on operating expenses and
diversification of the economy,
which cannot be started at present.