Prime Minister Muhammad Shiaa Al-Sudani affirmed: “The price of the dollar will drop further and reach the official price.”
Al-Sudani said in a press interview: “The fluctuations in the exchange rates of the dollar are the result of the non-implementation of the agreement signed between the previous government and the Central Bank with the Federal Bank and the US Treasury.
He added, “The agreement ended less than a month after we approached the government, and we assumed responsibility and adopted procedures to comply with the global banking system.”
The Prime Minister continued: “Our trade is distorted due to money laundering and smuggling, in addition to the lack of reliability in the banking system.”
Source: National Iraqi News Agency