Parliamentary Finance talks about the continuation of the current exchange rate of the dollar for the next four years
Parliamentary Finance talks about the continuation of the current exchange rate of the dollar for the next four years
16:20 – 16/05/2021
Information / Special …
On Sunday, the Parliamentary Finance Committee described setting up a schedule of the dollar’s exchange rate as it is now for four years as “illogical”.
A member of the committee, MP Muhammad al-Shabaki, said in a statement, to Al-Maalouma Agency, that “setting up a four-year schedule to restore the dollar’s exchange rates to normal is illogical and contains many inaccuracies,” indicating that “the scheduling of exchange rates is not subject to monetary policy.”
He added, “The increase in exchange rates was part of the government’s monetary policy to fill the deficit in some economic areas, and this matter cannot be generalized to the rest of the years.”
He pointed out that “determining the exchange rates and monetary policy shall be annually according to the needs of the state.” Ended / 25 r
almaalomah.org
