What is the reason for the high price of the dollar so far? .. Maliki’s coalition is speaking
What is the reason for the high price of the dollar so far? .. Maliki’s coalition is speaking
2-14-2023
Information / private
The State of Law Coalition confirmed, on Tuesday, that the crisis of price discrepancy between the official and the parallel is due to the speculators’ efforts to compensate for their losses after the government’s decision to reduce, while indicating that the government will take new measures to reduce the exchange rate gap.
“The exchange rate will stabilize in the local markets at 132,000 per 100 US dollars,” coalition member Kazem al-Haidari said in an interview with Al-Maalouma agency, noting that “the gradual decline will start from the coming days and settle with a small difference from the official exchange rate of the Central Bank.”
And he continued, “Allocating a number to file complaints against price speculators is an important step in light of the continuation of monopolistic traders who take advantage of such a crisis,” noting that “there are many parties that are trying to continue the crisis of the dollar’s rise to reduce their losses as a result of the dollar’s monopoly before the government’s decision to reduce the exchange rate.” “.
The economic expert, Abd al-Rahman al-Mashhadani, said in an interview with Al-Maalouma agency that “the period of the gap between the official dollar exchange rate and the parallel local market will not exceed two weeks from now,” noting that “the difference in foreign remittances for merchants is still large compared to the official price.”
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