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Скачать или смотреть Dinar RV Breaking News🔥Iraq's Move Towards Monetary Sovereignty💣Boosting the Dinar To a Fixed Rate?🚩

  • Intelli-nvest
  • 2023-11-30
  • 1142
Dinar RV Breaking News🔥Iraq's Move Towards Monetary Sovereignty💣Boosting the Dinar To a Fixed Rate?🚩
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Описание к видео Dinar RV Breaking News🔥Iraq's Move Towards Monetary Sovereignty💣Boosting the Dinar To a Fixed Rate?🚩

From Article: "Monetary policy in Iraq faces many challenges, especially in light of the existence of an irregular currency exchange market managed by networks that manipulate prices for a dollar against the dinar, according to local media reports.

In the face of “monetary doubleness” that has harmed the country’s economy, Iraq is moving to apply the principle of “monetary sovereignty”, according to what the Prime Minister’s financial adviser Mazhar Mohammed Saleh revealed, in statements to the Iraqi News Agency “Wa“.

The Iraqi authorities are struggling in an attempt to adjust the exchange rate of the Iraqi dinar against the US dollar, which is witnessing fluctuations that led to the decline in the value of the dinar, accompanied by compliance with international rules in financial transfers, which affected the presentation of the dollar in the market.


Why now Iraq needs to apply such a principle?
According to the paper, Saleh believes that Iraq needs to apply the principle of monetary sovereignty in order to enhance the ability of monetary policy to “adjust the levels of domestic liquidity through the strength of the central bank’s intervention in the monetary market.”

Saleh stressed that the Iraqi state’s adoption of the principle of monetary sovereignty will lead to “maintaining a fixed exchange rate that allows free capital flows and countering cheap cash.” The General Directorate of Iraqi Intelligence and Security had announced the overthrow of a network that manipulated the exchange rates of the dollar in Baghdad, according to a report published by the “Wa” agency." (Full Article Source: https://www.alhurra.com)

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