CBI comments on statements of reducing the dinar's rate against the dollar

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The Central Bank of Iraq confirms that the statements spread recently regarding (reducing the exchange rate of the Iraqi dinar against the dollar) represent the viewpoint of those who state it and do not represent the official viewpoint of the Central Bank, and this accompanied by some rumors launched by speculators, which affected the price (temporarily).

 

This bank declares that the exchange rate is fixed and unchanged and that its monetary policy is clear and transparent. Note that its foreign currency reserves are "very good" according to all international indicators, in a way that enables it to overcome the current crisis the country is going through.

 

This bank hopes that the media will rely exclusively on the sources of the Central Bank in this regard.

 

The Central Bank of Iraq

Media Office

October 18