CBI confirms the stability of the dollar exchange rate and the absence of any intentions to change

---

The Central Bank confirms "the stability of the dollar exchange rate and the absence of any intentions to change," and that what circulated is not valid, as the price that chosen at the end of 2020 to exchange the dollar-based on in-depth studies of the requirements of the economic and financial situation and monetary policy objectives.

The central bank pointed out that his foreign currency sales based on the stability of his foreign reserves at excellent levels, as those sales have increased to meet all legitimate requests. Therefore, the price will stabilize due to the measures taken by the Central Bank recently and the future ones."

The bank pointed out that the statements related to the exchange rate are being promoted for speculators to benefit from and that the Central Bank has communication channels that represent official sources of information.

 

Central Bank of Iraq

    June 11, 2021