Dollar exchange rates are rising in the local market … 145 thousand dinars per 100 dollars
The exchange rate of the dollar rose in the main stock market and local markets, Tuesday, January 19, 2021.
The Kifah Stock Exchange recorded 145,700 dinars against $ 100, while the exchange rates on Monday in the Kifah Stock Exchange were 144,950 dinars per 100 dollars.
As for the exchange rates in the local markets, they also rose, as the selling price was: 146,250 dinars per 100 dollars, and the purchase price: 145,000 dinars per 100 dollars.
Iraqis fear that adjusting the foreign exchange rate will have negative repercussions on the poor and those with limited income, while claims are renewed in holding accountable the looters of public money, canceling the privileges of the political class, and reducing the salaries and privileges of MPs.
One of the reasons for the crisis is that previous government eras were preoccupied with political conflicts and consolidating centers of political and economic influence, instead of making development a priority. It also drained public money with unplanned jobs and appointments that represent a convincing lining. Source