Advisor Al-Kazemi: The contradictions over the dollar price will create turmoil in the market
10:11 - 25/03/2021
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Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Saleh, expected, on Thursday, that the rise in food prices will stabilize during the future, considering that the contradictions between the political blocs on the issue of changing the exchange rate of the dollar will affect the movement of supply and demand, which creates turmoil in the movement market.
Saleh said in an interview seen by / the information /, that "the contradictions between the political blocs on the issue of changing the exchange rate of the dollar will affect the movement of supply and demand, which creates a disturbance in the movement of the market, especially since these expectations are not settled until now."
Saleh added, "The rise in prices is one-off and does not continue into the future, and I believe that this (color information) on which false expectations are based."
He pointed out that "the import paths continue without stopping, therefore expectations regarding the general level of prices will stop at a stable point, and the commodity supply ways are now wide open, whether in terms of financing or in foreign currency fixed in its rates to finance foreign trade in various forms, so I think that the rise Prices will stabilize in the future, and will not remain as such ». End / 25