FINANCIAL EXPERT: THE DIFFERENCE BETWEEN THE OFFICIAL AND PARALLEL RATES OF THE DOLLAR IS NORMAL… AND HE REVEALS THE REASON
The former director of the Financial Supervision Bureau and expert in economic and financial affairs, Salah Nouri, confirmed that the difference between the official and parallel prices of the dollar is normal.
Nouri told {Al-Furat News} agency, “Given the unstable international situation, including the possibility of a drop in oil selling prices, and the US Federal Reserve’s emphasis on monitoring foreign transfers and the threat of sanctions, all of this encourages an increase in the dollar exchange rate.”
He pointed out that “the difference between the official and parallel prices is normal at the present time and to some extent acceptable as a result of these reasons.”
