Baghdad / NINA / The economic and political analyst, Jalil Al-Lami, considered: The Central Bank's measures regarding the dollar crisis are slow. Stressing that the CBI must use its tools to raise the value of the national currency.

He told the National Iraqi News Agency (NINA): What is happening now is that the supply of the dollar has decreased, which led to an increase in prices, and this is a natural economic result, indicating that the Central Bank of Iraq had to negotiate with the US Federal Reserve to make the procedures slower than what happened because what happened caused a shock to the commercial market in Iraq.

Al-Lami added: Now things have become difficult and more complicated, because the US Federal Reserve believes that it will not back down, and the Central Bank of Iraq is not capable of change. Therefore, the situation is likely to remain the same in terms of affecting the commercial markets.

He stressed: In this case, the Central Bank must use its tools to control the dire economic situation by providing the local currency in the commercial markets in light of the decline in sales of the Central Bank of Iraq by issuing new category money to fill the shortage in the commercial markets, as well as automating banking operations./ End



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