A new speech by the Central Bank regarding the “exchange rate”

The Central Financial institution of Iraq confirmed, on Sunday, that the greenback change fee is steady, indicating that there are not any intentions to vary it.

A licensed supply on the Central Financial institution mentioned in a press release, “There are not any intentions to vary the present change fee, particularly after the constructive outcomes it achieved over the past interval.”
 
He added that “the discussions that occurred throughout the internet hosting of the governorCentral Financial institution of IraqIn the Home of Representatives on Saturday, February 19, 2022, she harassed the necessity for concerted efforts by all authorities establishments to enhance the financial and residing requirements of the poor lessons affected by the excessive fee of inflation.

The supply referred to as for “to not cope with information that signifies the potential for a worth change,” stressing that “the central financial institution possesses enough overseas reserves to stabilize the present change fee.”
 
It’s noteworthy that the Home of Representatives hosted the Governor of the Central Financial institution, yesterday, Saturday, and mentioned varied issues associated to the supervisory affairs of the banking sector and the problem of adjusting the change fee.

LINK