Today, Thursday, the financial and economic advisor to the Prime Minister, Mazhar Muhammad Salih, saw that the Iraqi dinar is in the strongest degree of its stability.
Saleh said, to (Baghdad Today), that “the Iraqi dinar is in its strongest degree of stability, the instability of the exchange rate of the dollar against the dinar is caused by international compliance controls that required transparency and broader governance in the behavior of merchants in foreign currency through financing foreign trade from the window of the central bank, and this lack Stability is my time, and it will be back very soon.”
And he indicated that “the balance of foreign currency reserves is around 100 billion dollars, which is the highest in Iraq’s financial history, and this confirms that the Iraqi dinar is in the strongest degree of stability. back to normal as it was before.
This comes as the exchange rate of the dollar has been fluctuating for days, after reaching the threshold of 160,000 dinars for every 100 dollars. It later declined and then rose to about 156,000 dinars, amid government pledges to control the exchange rate.
Edit: G. F