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[size=36]A government official warns of an economic shock to the country linked to the dollar exchange rate[/size]
Economie| 07:29 - 27/02/2022
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Special - Mawazine News
, on Sunday, the former Director of the Financial Supervision Bureau, Salah Nuri, ruled out returning the dollar exchange rate to its previous era.
In an exclusive interview with Mawazine News, Nuri confirmed that any change in the current exchange rate will cause a major economic shock to the country, as happened during its lifting, pointing out that all deliberations and hostings in this regard will not produce a result.
He pointed out that the current exchange rate has become a reality and cannot be changed quickly, likening the situation now to slums that cannot be removed directly without finding alternatives for their residents, and this is the case with the exchange rate with the dollar.
It is noteworthy that Parliament will hold a session tomorrow, Monday, to discuss the dollar exchange rate, in the presence of Finance Minister Ali Abdel Amir Allawi. Ended 29/R77
, on Sunday, the former Director of the Financial Supervision Bureau, Salah Nuri, ruled out returning the dollar exchange rate to its previous era.
In an exclusive interview with Mawazine News, Nuri confirmed that any change in the current exchange rate will cause a major economic shock to the country, as happened during its lifting, pointing out that all deliberations and hostings in this regard will not produce a result.
He pointed out that the current exchange rate has become a reality and cannot be changed quickly, likening the situation now to slums that cannot be removed directly without finding alternatives for their residents, and this is the case with the exchange rate with the dollar.
It is noteworthy that Parliament will hold a session tomorrow, Monday, to discuss the dollar exchange rate, in the presence of Finance Minister Ali Abdel Amir Allawi. Ended 29/R77
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