An Economic Expert Calls For Canceling The Currency Sale Window

 An Economic Expert Calls For Canceling The Currency Sale Window

July 14 10:22   Information / Baghdad... Economist Diaa Al-Mohsen called for canceling the currency selling window, pointing out that  some beneficial political blocs were behind the continuation of this window to achieve financial gains.

 Al-Mohsen told Al-Maalouma,  “The citizen’s interest necessitates the government to go towards canceling the currency selling window, in order to end the confusion occurring in monetary policy.”

 He added,  "The late former Central Bank Governor Sinan Al-Shabibi was behind opening the currency selling window for 4 years at that time in order to eliminate the inflation taking place in the country after its rate reached 50%."  He stated that  "some political blocs have financial interests that push for the continuation of the operation of the currency selling window, to make it a gateway to financial gain, despite the absence of the need for it." 

https://almaalomah.me/news/70242/economy/خبير-اقتصادي-يدعو-الى-الغاء-نافذة-بيع-العملة