Deputy: Changing the dollar’s exchange requires severe penalties for currency auction manipulators
Deputy: Changing the dollar’s exchange requires severe penalties for currency auction manipulators
12/11/2020 17:18:57
{Baghdad: Al-Furat News} MP for the Sairoun bloc, Burhan Al-Mamouri, said today, Friday, that the instability of the currency price would lead to confusion in the market and undermine confidence in the national economy.
In a statement, Al-Furat News received a copy of it, Al-Mamouri said, “The exchange rates of the Iraqi dinar against the dollar are witnessing clear instability in the market, while we notice them steady in the currency auction, which indicates greedy speculations by parties that do not want good for Iraq and its people.”
He added, “The big difference between the official price of the dollar and what is traded in the local markets confused the market and raised citizens’ concerns about the high prices of goods and foodstuffs, which causes a new burden on the Iraqi individual.”
Al-Maamouri called for “reconsidering the currency auction, monitoring exchange rates in the local markets, and punishing all those who manipulate the currency rate with severe penalties to protect the national economy, which suffers greatly as a result of the absence of a strategic vision in managing the country’s financial file.” Forgiveness
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