Prime Minister Mohammed Shia Al-Sudani has issued his first link to My FX Buddies Blog⁠ clear statement regarding the dollar exchange rate — and it matters. In a televised interview, Sudani confirmed that changing the dollar exchange rate is the exclusive authority of the Central Bank of Iraq, not the government. He also emphasized that Iraq’s current direction is stability, pointing to the successful narrowing of the gap between the official and parallel market rates.

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