SULAIMANI (ESTA) — The Prime Minister of Iraq on Tuesday urged the governor of the Iraqi Central Bank to restore stability for the U.S. dollar exchange in markets as the Iraqi Dinar hit a record low.
Prime Minister Mohammed Shia al Sudani met with the governor of the bank, according to a statement from the primer’s office.
In the meeting, the officials discussed the recent instability in the exchange markets as the Iraqi Dinar hit a record low versus the U.S. dollar.
The Prime Minster urged the bank official to restore the stability of the Iraqi currency, the office in the statement added.
Sudani also stressed taking necessary actions in the market that leads to the skyrocketing of the U.S. dollar value vs Iraq’s currency.
The currency exchange market witnessed a record low of the Iraqi currency versus the U.S. dollar on Tuesday. One U.S. dollar was exchanged for 1590 Iraqi Dinars.
