A deputy expects the dollar exchange rate to reach 140 Iraqi dinars

Information/Baghdad… Representative Mudar Al-Karawi confirmed today, Thursday, that the parallel market decreased by 10% within 3 months in Iraq.

Al-Karawi told Al-Maalouma, “The efforts of the Central Bank and the measures of the Ministry of Finance reduced the influence of the parallel market and led to a reduction in the exchange rate by 10% within 3 months.”

He added, “The exchange rate reaching 140,000 dinars per $100 is very likely in the coming weeks.”

He pointed out that “reducing smuggling, automating procedures, and controlling the movement of money and payments are all reasons that contributed to creating financial stability and pushing the parallel market to decline, even if very slowly.”

Almaalomah.me