Dinar Weakness: CBI “Not Responsible” iraq-businessnews

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

Iraqi Central Bank denies responsibility for dollar exchange rate gap

An official from the Central Bank of Iraq (CBI) told Rudaw on Wednesday that the bank is not responsible for the widening gap between the official dollar exchange rate and the market rate, attributing the discrepancy to new customs measures and demand for unofficial trade financing.

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