The Governmental Measures will tackle the rise of Dollar prices: IPBL

 
Baghdad-INA
 
Iraqi Private Banks League-IPBL announced, on Tuesday, its support for government efforts that contribute to reducing the dollar exchange rate in the local market, while pointing out that the support of Prime Minister Muhammad S. Al-Sudani for the private sector is the beginning of Iraqi economy reform.
 
The Head of IPBL, Wadih Al-Handal, told the Iraqi News Agency (INA ) that" the recent measures of the CBI and the government, with regard to facilitating trade financing using new currencies, represented by the Euro, The Dirham, The Chinese Yuan and The Indian Rupee, is a step that contributes to reducing the dollar exchange rate in the parallel market”, noting that "the organization of trade financing carried out by the government and the central bank through the entry of other goods to the platform will lead to an increase in trade financing”.
 
Al-Handal stressed that " Privite Banks are taking great steps in expanding international relations with international banks, which facilitates the financing of Iraqi trade with the countries of the world”, explaining that “The Prime Minister's great support for the private sector is the beginning to reform the Iraqi economy, especially that the private sector is an important partner of the government, in providing services, jobs and reducing poverty”.