Eliyahu Luxenberg, knitted news01/23/23 10:54 a.m. in the tribe of Tishpag
Protests in Iraq 2019 (Photo: Shutterstock)
In an attempt to stop the collapse of the Iraqi dinar: Iraqi Prime Minister Muhammad al-Sudani fired today (Tuesday) the governor of the central bank of the Islamic State.
After the Iraqi dinar collapsed against the dollar in recent weeks and reached a value of about 167,000 dinars to the dollar, the Iraqi leader decided to put the responsibility on Mustafa Mahif, the governor of the central bank, according to reports in the Iraqi media.
A Sudani was one of the biggest critics of the previous government, and much of his criticism was about the collapse of the local currency, now he has to deal with the problem that was strongly criticized by the opposition.
The government announced that it will continue its attempts to stabilize the Iraqi dinar against the background of reports that a huge protest is being organized in the country. It will be mentioned that the widespread protests in October 2019 led to the replacement of then Prime Minister Adel Abdel-Mahdi with Mustafa Al-Kazmi.
It should be noted that Arab countries, mainly around the axis of evil of Iran and its metastases are experiencing a drop in the value of the local currency, in Iran the Riyal has fallen to a historic low of 450,000 Riyals to the dollar. In Lebanon, the Lebanese dinar dropped to a rate of 50,000 dinars to the dollar. And Turkey is also in a very difficult economic slump with inflation of tens of percent.
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