Economist: Limiting the sale of dollars to certain companies serves the interests of some political parties
Economist: Limiting the sale of dollars to certain companies serves the interests of some political parties
7-21-2024
Information/Baghdad…
Economic expert Diaa Al-Mohsen believes that limiting the sale of dollars to travelers to certain companies confirms that political parties are behind those companies to ensure obtaining foreign currency.
Al-Mohsen told Al-Maalouma, “There are many problems in the monetary authority that need solutions and decisions in order to serve the citizen, away from complicating matters and increasing inflation rates.”
He added that “the increase in cash commissions during the exchange process between the dinar and the dollar from 15 thousand to 25 thousand will only benefit exchange offices, after the sale of dollars to travelers was restricted to specific exchange offices or companies.”
He pointed out that “there is confusion in making financial decisions regarding the process of selling the dollar, especially with the smuggling of dollars through forging cards or travel tickets to obtain foreign currency from official sources and ensure its arrival to exchange companies.”
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