The Finance Committee reveals the total transfers today in Iraq

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The Finance Committee reveals the total transfers today in Iraq

Representative Mudar Al-Karawi, a member of the Parliamentary Finance Committee, confirmed on Wednesday that Iraq receives 250 million dollars in daily transfers.

Al-Karawi said in a meeting with , “The National Bank should follow the strategies of private banks and lay out a system for disseminating cash as per the endorsed techniques, away from the issues that are seen every once in a while, including the voyager’s document.”

He went on to say, “The management of the Central Bank reduced the pressure on the parallel market at a good rate and contributed to lowering exchange rates in the past weeks, which reduced market speculation in a way that gave rise to the obsession with stability.”

He called attention to that “at whatever point trade rates settle, it considers decidedly the business sectors by and large, however equal market costs stay a lot higher than national bank costs, which requires more prominent endeavors to diminish the dollar.”

The dollar trade market saw a continuous decrease in the previous weeks, coming to 144,000 for each 100 bucks without precedent for around two years