Deputy: Parliament will summon the responsible authorities regarding the exchange rate of the dollar

Deputy: Parliament will summon the responsible authorities regarding the exchange rate of the dollar

1-9-2023

Deputy - Parliament will summon the responsible authorities regarding the exchange rate of the dollarInformation / Baghdad…
Independent MP Kazem Al-Tooki confirmed that the House of Representatives will summon, during its next session of its new legislative term, the responsible authorities regarding the exchange rate of the dollar and its repercussions, and the most important real solutions to ensure the return of the price to its previous state.
Al-Touki said in a statement to Al-Maalouma, that “many members of the House of Representatives worked on all signatures in order to hold an extraordinary session with the aim of discussing the issue of the dollar’s high exchange rate in the local markets, identifying its causes and repercussions, and knowing all its reasons.”
He added, “Parliament will begin its new legislative session by holding a session in which the aforementioned issue will be discussed in order to summon the authorities concerned with financial affairs in order to find out the real treatments for the rise that occurred and restore the situation to its predecessor.”
And Al-Touki said, “The government moved and took measures to reduce the exchange rate of the dollar, but this did not bring the desired results despite the distribution of the currency to banks authorized with the same value, but the treatment was immediate and it was unable to return the exchange rate to its previous state.”

almaalomah.me