Economist: The Government Has The Ability To Reduce The Price Of The Dollar

Economist: The Government Has The Ability To Reduce The Price Of The Dollar

02/10/2022 | 1:03 PM

Economist - The Government Has The Ability To Reduce The Price Of The DollarInformation/Erbil…

Economic expert Kovind Sherwani affirmed on Thursday that the government has the ability to reduce the price of the dollar and return it to its previous price.
Sherwani said in a statement to “Al-Maalouma”, “The government has the ability to reduce the price of the dollar after the rise in the price of oil and its crossing of the barrier of $90 per barrel.”
He added that “the price of the dollar affected the increase in unemployment and poverty rates, and the actual need to raise it has ended, in light of the rise in the price of oil to figures that are the first of its kind.”
And it affected the price of the dollar on the rise in poverty and unemployment rates, in light of the weak purchasing power and the increase in prices in the market. End / 25 A

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