The Sudanese government acknowledges the experience of dollar speculators and counts on September
\nThe Sudanese government acknowledges the experience of dollar speculators and counts on September\n\nlink to see this article in full and more go to: My FX Buddies Blog
\n\xa0On Sunday, the Iraqi government expressed its hope that the release of budget funds would contribute to reducing the price of the dollar in the parallel market, while it acknowledged that currency speculators have long experience and fraudulent methods dating back to the nineties of the last century.
\nThe government spokesman, Basem Al-Awadi, told Shafaq News agency, "The launch of the budget definitely means the availability of funds. Therefore, the funds will be released towards ministries, departments, and general directorates in the governorates, independent bodies, and all state institutions, and this means that there is a large cash flow."
\nAl-Awadi added, "Many financial advisors in the government hope, with the release of budget funds,\xa0that next month will be a catalyst for the very large decrease in the dollar exchange rate.
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