The Iraqi government is heading to end "dollarization".. The dollar is not available for dealing between citizens - Urgent

Published: March 12, 2023, 10:35 p.m.

The Iraqi government is heading to end "dollarization".. The dollar is not available for dealing between citizens - Urgent

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The researcher in economic and financial affairs, Nabil Jabbar Al-Tamimi, revealed today, Sunday, the existence of a government approach aimed at ending the phenomenon of "dollarization", that is, reducing the circulation of the dollar in the hands of citizens.

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Al-Tamimi said, to "Baghdad Today", that "the Iraqi government is currently working to end the phenomenon of dollarization in the local market, meaning that it is working to end any dealings in dollars and abbreviate only dealing in Iraqi dinars, and this is part of the solution to the dollar crisis that the country has been witnessing for months." ".

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