Parliamentarian attributes the reason for the instability of the dollar price to “rumors”

Parliamentarian attributes the reason for the instability of the dollar price to “rumors”

2023-02-27 22:42

Parliamentarian attributes the reason for the instability of the dollar price to rumorsShafaq News/ Today, Tuesday, the deputy in the Iraqi Parliament, Soran Omar, counted the spread of rumors as one of the reasons for the instability of the dollar exchange rate so far in the market, while he called for the introduction of exchange companies into the approved electronic system to control prices.

Representative Soran Omar said in a statement received by Shafaq News agency, “One of the reasons for the rise in the value of the dollar today is the spread of rumors that the central bank will not allow selling dollars for cash in the coming days,” noting that “after contacting the governor of the central bank, he confirmed to me that this information is incorrect and that it is Untrue news, and any information issued outside the official websites of the Central Bank of Iraq, it is not permissible to take it or deal with it.

“It is necessary for exchange companies to enter the electronic system, as for small companies and ordinary citizens, when transferring, they can rely on the (Western Union) company,” Omar, a deputy from Sulaymaniyah Governorate, added.

Regarding the results of the meeting with the US government, Soran saw that “the United States had comments on money laundering and smuggling of dollars, but regarding this new electronic system and its rules there is consensus and consensus on it, and the process will be under close monitoring,” stressing that “all merchants, companies and factories enter the electronic system.” The new one takes time, but after a while, the difference will be controlled at the dollar exchange rate in the central bank and the market as well.

The Iraqi market is witnessing instability in the sale of the American currency, the dollar, against the Iraqi dinar, despite the Iraqi government’s attempts and measures to limit currency smuggling, control the markets, set prices, and agree with the American side on a specific system to monitor this file, which directly affected the Iraqi economy and paralyzed the market movement to a large extent.

shafaq.com