Prime Minister's Advisor: We will see the dollar fall on the black market soon

Published: April 29, 2024, 1:48 a.m.

Prime Minister's Advisor: We will see the dollar fall on the black market soon

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link to My FX Buddies Blog post

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Al-Shammari said in a press statement received by Al-Maalouma, that \u201cthe classification of financial institutions in Iraq according to World Bank reports is positive, and the Central Bank\u2019s classification is A++ and exceeds the Emirati classification.\u201d

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He added, "Iraq wants to join the international banking system, and on this basis the government has taken positive measures in this regard."

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He confirmed, "The increasing percentage of merchants joining the platform rose from 28% to 78%," noting that "the demand for the official dollar has increased, and we will witness its decline on the black market in the coming period."

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