ERBIL, Kurdistan Region – An official from the Central Bank of Iraq (CBI) said on Wednesday that the bank is not responsible for the widening gap between the official dollar exchange rate and the market rate, attributing the discrepancy to new customs measures and demand for unofficial trade financing.
Alaa al-Fahd, the media official for the CBI, told Rudaw that the current discrepancy in exchange rates “is a result of new…