Information / Baghdad..
Member of the Parliamentary Finance Committee, Muhammad Nouri, warned on Monday of the impact of the continued rise in the dollar exchange rate on the poor and middle classes.
Nouri told Al-Maalouma, “The reasons for the rise in the price of the dollar are due to misconduct and the monopoly policy practiced by some parties, as well as smuggling, without the government having any realistic solutions to control this issue.”
He added, “The attempts of the government and the Central Bank to solve the problem of the fluctuation of the dollar’s rise are still timid, as the dollar’s exchange rate is still recording a significant increase compared to the official price, and this rise would increase poverty rates in Iraq.”
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