Independent MP Ahmed Majeed Al-Sharmani called on the government, on Sunday, to control the parallel and black markets and to pursue speculators and manipulators of the dollar exchange rate.
Al-Sharmani said in an interview with Al-Maalouma Agency, “The Central Bank’s policy is still faltering in controlling the dollar exchange rate.”
He added that “speculation and lack of control over the currency selling window are among the most important reasons that create a gap leading to a rise in the dollar exchange rate in the markets.”
He pointed out that “the continued rise in the dollar exchange rate is harming those with limited incomes, including citizens, employees and contractors,” noting that “raising the dollar exchange rate against the Iraqi dinar will increase poverty rates among Iraqis.”
almaalomah.me
