mniraq - The official government spokesperson confirmed that executive authorities and the Central Bank are executing a strategic plan to bring the parallel market dollar exchange rate down to 1550 IQD per dollar soon.
The spokesperson highlighted that the plan relies on sufficient foreign reserves at the Central Bank, allowing seamless financing for foreign trade and fulfillment of import demands.
Financial allocations for past transfers have been secured under previous rates to fulfill financial commitments, alongside the implementation of tax exemptions on imported food and medicines.
