Al-Ziyadi: The government is able to impose a price for the exchange of the dollar and end the rise

Al-Ziyadi: The government is able to impose a price for the exchange of the dollar and end the rise

1-1-2023

Al-Ziyadi - The government is able to impose a price for the exchange of the dollar and end the riseInformation / Baghdad…
A member of the Parliamentary Economy and Investment Committee, Representative Muhammad Al-Ziyadi, confirmed that there is a possibility for the government to impose a specific price for the exchange rate of the dollar and oblige everyone to work according to it to ensure the end of the huge rise in the markets.
Al-Ziyadi told Al-Maalouma, “Iraq is still not linked to global markets and is not considered part of these markets so that it can influence and impose its economic policy and control the exchange rates of the dollar.”
He added, “The fluctuation of the exchange rate of the dollar and its rise in the local market occurred as a result of imposing a specific price by some owners of banking outlets, as they impose their prices on some customers so that the pricing is circulated to all outlets.”
And that “the solution to the problem of the rise lies in increasing the official outlets for selling the currency at the price specified by the Central Bank, so that banks are committed to selling it to citizens in order to reduce the price and return it to the specified value.”

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