The official rate set by the CBI is still about 1,320 IQD per USD, with budgetary recommendations of 1,300…The IMF claims that the Central Bank of Iraq has control over exchange-rate policy and that the country’s exchange-rate system is a traditional peg. Additionally, a bank rate sheet mentions 1,320 in the system and displays 1 USD at 1,300 IQD, which is in line with a regulated official framework.
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