Baghdad The Consultant in Industrial Development, industrial cities and investment, Amer Al-Jawahiri, confirmed that: Changing the value of the national currency is now an economic confusion..it should not be linked to additional, unstable revenues.
He told the National Iraqi News Agency (NINA) that the change in the value of the national currency against other foreign currencies has not occurred since 2003 except twice, its price was 2500 and then to 1200, and it was changed at the end of last year, which means during 17 years it was changed only twice.
Al-Jawahiri added that the rise in oil prices is not fixed, it may rise for several months and decrease again, as happened previously, noting that: determining the economic and monetary paths does not depend on steps that occur for some months or seasons of the year.
He explained that the changes in oil prices should not be based on a change in the amount of the Iraqi currency vis-à-vis other currencies, and that it should not take place in short successive periods.
Source: National Iraqi News Agency