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Daily Updates: August 13, 2023
A member of the Al-Fateh Alliance, Ali Al-Zubaidi, accused the US treasury of manipulating the fate of the people by deepening the crisis of the dollar’s high exchange rate in the local market, while stressing that Iraq needs to achieve economic independence away from US hegemony.
Al-Zubaidi said, in an interview with Al-Maalouma Agency, that “there is no fairness in continuing to deposit the country’s money in the US Federal Bank,” noting that “Washington lacks a lot of credibility in the treaties and charters that are agreed upon.”
And he continued, “Iraq will end the dollar crisis if it gets rid of the hegemony imposed by the United States of America on the money for selling oil,” pointing out that “the American treasury continues to manipulate the fate of the people by deepening the crisis of the high exchange rate of the dollar in the local markets.”
Al-Zubaidi went on: “Washington verbally imposes Chapter VII restrictions on Iraq in order to achieve its own interests,” adding that “the country needs to achieve economic independence away from the American hegemony perched on Iraq’s chest in many files.”
Member of Parliament Kazem Al-Touki said, in an interview with Al-Information Agency, that “the measures taken by the Central Bank did not withstand the decisions of the US Treasury regarding the dollar, while he stressed that the sanctions that the US Treasury continues to impose will not allow the stability of the exchange rates of the dollar in the local markets.”
And the Iraqi Ministry of Finance issued a clarification regarding the news circulating on communication platforms and media channels related to opening outlets for selling US dollars with a ceiling of one thousand dollars per month for each citizen. In a statement today, the Ministry confirmed that it had not received any directives in this regard until the date of preparing this statement, and the Ministry did not issue any directives in this regard.
She also stressed that if any instructions or directives are issued by the Council of Ministers in this regard, they will be announced through the official websites and platforms of the ministry.
It’s time to return the Iraqi dinar to its original value, and the actual value of the Iraqi dinar before War was $2.80 dollar.
I appeal to the Central Bank of iraq and the Government of Iraq that Iraqi dinar should be valued as soon as possible to bring Iraq to the international level.
