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Parliamentary Committee: Efforts to stabilize the dollar exchange did not succeed, and commodity prices are very high
- Time: 02/27/2023 07:51:36
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{Economic: Al Furat News} The Parliamentary Legal Committee said: "The government's measures have not succeeded so far in stabilizing the exchange rate of the dinar against the dollar and curbing prices in the markets."
Raed al-Maliki, a member of the Legal Committee, said, "The government's measures have not yet succeeded in stabilizing the exchange rate of the dollar, despite setting the official rate at 1,130 dinars to the dollar, as the exchange rate still exceeds 150,000 dinars for every 100 dollars."
He added, "The prices of goods and services are still very high, and they exceed the prices that were when the dollar exchange rate was 1146 dinars per dollar, as we view this matter as a criterion for the soundness and effectiveness of the government's measures."
Al-Maliki indicated, "The committee will not wait for long regarding this matter, as the government bears the difference in the price of the dollar between the official and parallel sale in the market."
He pointed out that "the measures to arrest a person or speculator in the market will not suffice, because the country's foreign trade is large and depends on the dollar, so these steps so far are not sufficient or convincing."
[You must be registered and logged in to see this link.]
{Economic: Al Furat News} The Parliamentary Legal Committee said: "The government's measures have not succeeded so far in stabilizing the exchange rate of the dinar against the dollar and curbing prices in the markets."
Raed al-Maliki, a member of the Legal Committee, said, "The government's measures have not yet succeeded in stabilizing the exchange rate of the dollar, despite setting the official rate at 1,130 dinars to the dollar, as the exchange rate still exceeds 150,000 dinars for every 100 dollars."
He added, "The prices of goods and services are still very high, and they exceed the prices that were when the dollar exchange rate was 1146 dinars per dollar, as we view this matter as a criterion for the soundness and effectiveness of the government's measures."
Al-Maliki indicated, "The committee will not wait for long regarding this matter, as the government bears the difference in the price of the dollar between the official and parallel sale in the market."
He pointed out that "the measures to arrest a person or speculator in the market will not suffice, because the country's foreign trade is large and depends on the dollar, so these steps so far are not sufficient or convincing."
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