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[size=36]The value of the Iraqi dinar continues to decline .. government steps to save it and expectations of high market prices اسعار[/size]
Economie| 05:54 - 06/06/2021
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Special- Mawazine News
The exchange rates of the dollar against the Iraqi dinar rose, on Sunday, to record levels, reaching 1525 dinars against the dollar in the local markets, despite the government's assurances that it would continue to follow the exchange rates to maintain the price of the dollar.
Today, the exchange shops traded the price of the dollar at 1525 dollars, in a new decline in the value of the Iraqi dinar, a price that the dollar has not reached for nearly 14 years, while government sources talked about future steps with the aim of controlling the price of the local market.
A government official said in an interview with "Mawazine News" that "the rise of the dollar is a result of market speculation and rumors of a new price hike, and this type made the citizen in a state of confusion because of hoarding the dollar in the homes, in addition to the transfer of money from the dinar to the dollar by many."
And another official on the government's measures adds, "The central bank will follow a plan in the coming days, to suspend the license of money exchange shops that manipulate the price, in addition to forming price control committees."
He pointed out, "The government's policy is clear, which is to maintain the price of the dollar, and what is happening is not a dollar shortage crisis, but rather speculation in the market only."
The prices of consumables have risen in the Iraqi market, for example, mobile recharge cards, some stores, have raised their price, and merchants are talking about the imminent rise in consumer prices, and this matter will reduce the purchasing value of citizens.
Marwan Jassem, a food trader in Jamila, told Mawazine News that, "The market price is linked to the dollar, and today there is an inflation of the dollar issue, so we find that some traders anticipate any government step and raise the price of their materials." Ended 29 / h
The exchange rates of the dollar against the Iraqi dinar rose, on Sunday, to record levels, reaching 1525 dinars against the dollar in the local markets, despite the government's assurances that it would continue to follow the exchange rates to maintain the price of the dollar.
Today, the exchange shops traded the price of the dollar at 1525 dollars, in a new decline in the value of the Iraqi dinar, a price that the dollar has not reached for nearly 14 years, while government sources talked about future steps with the aim of controlling the price of the local market.
A government official said in an interview with "Mawazine News" that "the rise of the dollar is a result of market speculation and rumors of a new price hike, and this type made the citizen in a state of confusion because of hoarding the dollar in the homes, in addition to the transfer of money from the dinar to the dollar by many."
And another official on the government's measures adds, "The central bank will follow a plan in the coming days, to suspend the license of money exchange shops that manipulate the price, in addition to forming price control committees."
He pointed out, "The government's policy is clear, which is to maintain the price of the dollar, and what is happening is not a dollar shortage crisis, but rather speculation in the market only."
The prices of consumables have risen in the Iraqi market, for example, mobile recharge cards, some stores, have raised their price, and merchants are talking about the imminent rise in consumer prices, and this matter will reduce the purchasing value of citizens.
Marwan Jassem, a food trader in Jamila, told Mawazine News that, "The market price is linked to the dollar, and today there is an inflation of the dollar issue, so we find that some traders anticipate any government step and raise the price of their materials." Ended 29 / h
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