Finance responds to news of its discussion to reduce the dollar exchange rate
{Economic: Al Furat News} The Ministry of Finance responded to news that it discussed re-reducing the dollar exchange rate against the dinar.
The Undersecretary of the Ministry of Finance, Taif Sami, said in a press statement: “There are no discussions to reduce the price of the dollar to 120,000 dinars within the 2022 budget.”
She denied owning “any page on social media.”
On April 4, the Federal Supreme Court rejected the case for re-exchange of the US dollar in relation to the Iraqi dinar to its predecessor, at the amount of (120,000) Iraqi dinars for every 100 US dollars.