Iraq officially suspends work on the electronic platform.. Will we witness a crazy rise in the dollar?
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The Central Bank of Iraq announced today, Wednesday, the suspension of work on the electronic platform mechanisms related to the sale ofDollar.He saidDeputyCentral Bank Governor Ammar Khalaf, in a statement to the official agency, followed bySumerianNews, "The mechanism of work on the electronic platform related to foreign transfers has stopped working, but financing foreign trade continues through correspondent banks according to different mechanisms that are parallel to what is in effect in countries around the world." He pointed out that "the granting ofDollarFor travelers at airports according to the approved mechanism, which is the best in limiting the occurrence ofDollarFor the traveler. This decision comes as part of a series of reforms aimed at facilitating financial procedures and stimulating the economy, but at the same time it raises questions about its potential impact on the stability of the dinar exchange rate.IraqibeforeDollarAmerican.