WOTS THU OCT 7 21 Restoring the price of the Iraqi dinar to its previous era is a promise made

Published: Oct. 8, 2021, 4:13 a.m.

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\nRestoring the price of the dinar to its previous era is a promise made by candidates for the Iraqi elections... Is that possible?\n

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he file of the devaluation of the Iraqi dinar against the dollar , which was taken by the government of Prime Minister Mustafa Al-Kazemi at the end of last December, took the lead in the campaigns of the competing political forces and parties in the elections scheduled for next Sunday .

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Several Iraqi political forces made promises to the voters to restore the value of the dinar to its previous era at the threshold of 1200 dinars per dollar instead of the current value of 1450 dinars to the dollar, which observers and specialists in Iraqi economic and financial affairs considered promises that are not achievable at the present time, and involve economic risks as well. .

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The "Al-Fateh" and "State of Law" alliance, led by Hadi Al-Amiri and Nuri Al-Maliki, is considered the most prominent leader in the promises to restore the value of the dinar to its previous era, but specialists told Al-Araby Al-Jadeed that these promises are unrealistic at the present time

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