The Specialist in economic affairs, Dhergham Muhammad Ali, confirmed: “The solutions put forward by the Central Bank to deal with the dollar file are superficial, unsuccessful, and do not reach a final solution.”

Ali said, in a special statement to the National Iraqi News Agency (NINA), that “the only beneficiary from the crisis are the intermediary banks, which are owned by forces and parties that benefit from raising the exchange rate of the dollar to increase their profits, and they are the ones that cause the price to rise, and the failure to find a fully electronic direct sale window in specific quantities to citizens at the official price means that the citizen will remain hostage to these banks and companies.

He pointed out, “The use of citizens’ passports to buy dollars without their knowledge is a major corruption issue and a forgery and fraud, which requires a serious investigation and presentation of the results to public opinion.”

He continued, “The market will remain out of control as long as the dollar is in the hands of mediators who benefit from it and their parties.”

The Central Bank of Iraq issued several packages to facilitate the procedures for requesting the US dollar, including facilitating obtaining the dollar for citizens wishing to travel abroad, and the official exchange rate of “1320” dinars per dollar is calculated through the electronic payment card issued by the licensed authorities when used in outside.

Source: National Iraqi News Agency