Article: “What are the legal ways to lower the dollar price again?” Here’s the thing – the Iraq government cannot lower the rate. It has to be done by the governor of the bank. But they certainly are putting a lot of pressure on him. So what happens is they can come up with the agreement…he makes a recommendation, he either goes down with the current rate or he makes a recommendation. Then it gets voted on. Quote: “The governor of the central bank may propose to change the dollar exchange rate and present it to parliament…if the vote receives an absolute majority…the change will be approved…”
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