Saturday Catch-Up Can the dollar exchange rate return to the previous one in the near future?
Saturday Catch-Up: Can the dollar exchange rate return to the previous one in the near future?
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\nCan the dollar exchange rate return to the previous one in the near future?\n\nThe economic expert, Basem Jamil Antoine, answered the question that is frequently asked in the Iraqi street about the return of the dollar\u2019s price to the previous or changing it, in light of the high prices of goods, especially imported ones.
\nAntoine said in a statement to {Euphrates News}, that \u201cwhat the white paper presented regarding the economic reality and changing the dollar exchange rate, which began to be implemented a whole year ago, cannot be modified or manipulated during the coming periods.\u201d
\nHe added, \u201cThe success of dealing with the exchange rate change in some countries, such as Turkey and others, is that they followed the policy of floating the lira, but Iraq at the present time cannot do this.\u201d
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