Al-Jubouri: Corrupt people are behind the continued rise in the exchange rate of the dollar
Al-Jubouri: Corrupt people are behind the continued rise in the exchange rate of the dollar
1-30-2023
Information / Baghdad…
The head of the Rafd Center for Strategic Studies, Abbas al-Jubouri, confirmed that some corrupt parties are behind the continued rise in the exchange rate of the dollar in the local markets.
Al-Jubouri told Al-Maalouma, “The government, in the event that it resorted to the option of closing the auction of selling the currency and imposing dealing in the Iraqi dinar, it will be facing a significant decline in the exchange rate of the dollar in the local markets.”
He added, “The Federal Bank will be forced to send the sums to Iraq, especially if the withdrawal of hard currency from it towards Iraq is reduced, but the matter cannot be done easily, especially since the currency auction and speculation are all belonging to political parties and parties.”
And he indicated that “there are beneficiaries of the dollar working to get it out of the country by purchasing goods and merchandise in order to ensure the exit of this currency, and it was recently monitored that one of the spoilers bought torn clothes from abroad with 35 million dollars, while another spoiler worked to import (Nabq). In the amount of 100 million dollars, as the purchase receipts indicated this matter, and the truth may be different from what was stated in the official papers.
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