The Iraqi Government formed a Committee to set the value of the Iraqi dinar

The Iraqi Government announced on Monday, 10 June, the formation of a Joint Committee of the ministries of finance, planning and the Central Bank to adjust the value of the Iraqi dinar against foreign currencies and prevent slumping.

He said the Economic Adviser to the Government of Iraq Salam Al-Quraishi, the Committee will develop several regulations aimed at keeping the exchange rate of the Iraqi dinar in the acceptable level and prevent the decline in its value.

Al-Quraishi said that it will support the global value of gold and prevent manipulation by traders and banks foreign currency exchange rate of the dollar and the euro.

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