Parliamentary Finance: the coming days will see a marked decline in dollar
Economy News / Baghdad ...
last updated 21/02/2017
- 11:43
Parliamentary Finance Committee unveiled Tuesday by the Central Bank of Iraq's intention to pump additional amounts of dollar in local markets to lower dollar prices , noting that the bank will announce a new mechanism for the disbursement of the dollar through its ports to prevent speculation

He said committee member Ahmed Sarhan Sarhan said in a statement, said that the Iraqi Central Bank intends to inject additional funds from the dollar in the domestic market to prevent the rising dollar prices

"The high dollar prices in front of the Iraqi dinar exchange does not serve the economic and commercial interests and the control authorities to prevent the rise in any way possible

Sarhan said that the Bank will announce a new mechanism for the disbursement of the dollar through its ports to prevent speculation and dollar exchange to those who deserve it all noting that these steps will return dollar prices as they were in the past and demonstrate the exchange rate against the dinar in the coming days
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