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Adjustment to the Iraqi Dinar exchange rate

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Adjustment to the exchange rate

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On March 16, the Central Bank of Iraq explained in a statement, the reason for the decline in the exchange rate of the dollar in the parallel market - especially in February - from the official selling rate after the change of price by the Bank at the end of December 2020, and explained the central decline in what it called the "shock of the domestic market" which needed a period of adjustment to the adjustments that occurred between…

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