A parliamentary bloc is moving to reduce the exchange rate of the dollar Iraqi news for July 4th 2022

Published: July 5, 2022, 6:29 p.m.

A parliamentary bloc is moving to reduce the exchange rate of the dollar Iraqi news for July 4th 2022

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Today, Monday, Jawad Al-Ghazali, a member of the State of Law coalition, revealed a move by his bloc to reduce the dollar exchange rate.

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Al-Ghazali said in a statement carried by the correspondent of (Iraqi Media News Agency / INA) that "the lawmakers have collected their signatures regarding reconsidering the dollar exchange rate to its previous era or modifying it."

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He explained, "This step (comes) due to the rise in commodity prices in the markets and the harm of citizens, and this step will be towards a gradual reduction of the exchange rate, not completely, in order to be dealt with in a smooth manner without losses."

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