Al-Nusairi identifies the causes of exchange rate fluctuations and recovery measures

Published: Jan. 28, 2024, 7:28 p.m.

Al-Nusairi identifies the causes of exchange rate fluctuations and recovery measures

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Advisor to the Iraqi Private Banks Association, Samir Al-Nusairi, identified the reasons for the fluctuation of the exchange rates of the Iraqi dinar against the dollar in the local market as a\xa0\xa0lack of control over the regulation of trade financing internally and externally and the lack of a clear trade policy previously.

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Al-Nusairi attributed the continued rise of the dollar to several reasons, noting in a press interview that \u201cthe instability of the exchange rate of the dinar with its equivalent of the US dollar on the black market since January 2022

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