CBI Article: “The Central Bank clarified in an official statement that the Bank’s Law No. (56) of 2004, particularly Article 1/4/a, clearly defines its core functions in formulating and implementing monetary policy, including exchange rate policy. In this context, the Bank confirmed that there is no intention whatsoever to amend the exchange rate of the Iraqi dinar, in line with its central objective of ensuring price stability, an objective that has been successfully achieved during the past period.” Doesn’t get much clearer than this…
