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Representative Hadi Al-Salami warned on Tuesday of the repercussions of losing control over the exchange rate in the parallel market for the dollar after it exceeded the barrier of 163 dinars per 100 dollars.
Al-Salami told Al-Maalouma: “The rise in the dollar exchange rate to levels exceeding 163,000 dinars per 100 dollars is a matter of great concern, as it increases pressure on the markets and leads to a rise in the prices of commodities, including food, to levels that burden millions of poor families.” “.
He added, “The Central Bank is responsible, in accordance with the law, for monitoring, following up, and determining the currency exchange rate and supervising the performance of banks. The rise in the exchange rate represents three risks in one, which are increasing prices, increasing pressures on society, in addition to exacerbating anxiety about the economic situation.”
He stressed that “the Central Bank is responsible for investigating many cases that have been filed by the Integrity and Public Prosecution Office regarding the presence of suspicions of corruption in currency issues and the distribution of banks’ shares of the dollar.”
The parallel market for buying and selling the dollar is witnessing a continuous rise and has exceeded the barrier of 163 thousand dinars per 100 dollars, which has raised concerns about a greater rise.
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