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The Central Bank of Iraq comments on the possibility of changing the dollar exchange rate.

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The Central Bank of Iraq comments on the possibility of changing the dollar exchange rate
The Central Bank of Iraq comments on the possibility of changing the dollar exchange rate

vital monetary institution Governor Ali Al-Alaq denied on any plans to alternate the dinar’s exchange price towards the dollar.

within the direction of a communicate session on the Iraq funding discussion board, attended by a dinaropinions.com correspondent, Al-Alaq said, “there may be no talk or talk in the relevant monetary institution or the authorities approximately adjusting the valid trade charge for the dollar.”

He introduced, “the whole thing this is being circulated is untrue.”

The greenback exchange price against the Iraqi dinar has fluctuated substantially in latest years. After the previous government, headed by using Mustafa al-Kadhimi, changed it from 121,000 dinars in keeping with $100 to a hundred and forty,000 dinars, the 5bf1289bdb38b4a57d54c435c7e4aa1c authorities, headed by using manner of Mohammed Shia al-Sudani, changed it another time to 132,000 dinars in step with $100.

throughout previous modifications, its fee in the community market remained considerably better than the professional rate, reaching one hundred and seventy,000 dinars in line with 100 dinars, in advance than these days stabilizing at a mild margin.

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Dinar Opinions Editorial Team is an independent group of researchers and writers dedicated to tracking Iraqi Dinar developments, Iraq economic news, and related currency topics. Our team monitors Central Bank of Iraq announcements, official Iraqi government statements, and community commentary on a daily basis.We have backgrounds in news aggregation, Middle Eastern economic affairs, and digital publishing. Our editorial approach is straightforward: we clearly separate verified news from community opinion and speculation, so readers always know what type of content they are reading.We do not provide financial advice. All content on Dinar Opinions is for informational and community interest purposes only. Readers are encouraged to consult a licensed financial professional before making any investment decisions related to the Iraqi Dinar or any other currency.Follow us on Facebook: https://www.facebook.com/dinaropinions Follow us on X (Twitter): https://twitter.com/dinaropinions Contact: [email protected]