An adviser to the Prime Minister, a former official at the Central Bank and academics, said that the US ambassador’s tweet about a dialogue between Baghdad and Washington on the dollar, means that the Treasury Department in America has become “convinced” by the measures of the Central Bank of Iraq, and they expected that the wave of fluctuation in the exchange rate will end to return to 145 dinars.
Dr. Mahmoud Dagher – Academician and former official at Central Network 964:
The relationship between the central bank and international parties is strong, given that most of our trade, revenue and investments are in dollars.
The measures taken against the 14 banks are not sanctions, as the US ambassador said, but only restricted the transactions of these banks in many currencies, including the dollar, because most banks in the world do not want to deal with banks against which there are restrictive measures.
The rise in the exchange rate is a reaction to the restriction of the 14 banks.
I now think there is a decrease in the exchange rate, but I confirm that it will not return to the official rate of 1320 dinars, as long as part of the dollar sales go to finance trade with penalized countries.
The central bank’s actions will serve to a relative cut the exchange rate, and I think it will fall below 150,000, provided that some statements do not affect the cash market.Expert explains ‘dollar high-dollar puzzle’ despite central bank sales spikes Vito America is still working
Sabhan Mulla Giad – Sudanese political advisor for 964:
I think there is an understanding between the Central Bank of Iraq and the US Treasury Department, and it is clear that the Treasury did not put other banks on the list as it was rumored.
The U.S. Treasury appears to be convinced and content with central bank actions taken, denying banks the punishment of entry into a currency auction.
I expect exchange rate stability, a return to the 150,000 dinars to the dollar, and it may fall further during this week.
