Stability of Foreign Currency Trading in Local Markets Amid Anticipation of Financial Reform Plans

mesoiraq - The Baghdad Stock Exchange opened its trading at a high exchange rate for foreign currency, with continued demand for the US dollar in the parallel market. This comes at a time when exchange rates continue to record high levels, despite government trends to regulate market momentum and lower prices according to the central bank's reform plans. Economic experts attributed the persistence of current pressures to the volume of demand for foreign currency to finance commercial activities outside official banking channels, while the central bank continues to take regulatory measures to enhance monetary stability.