To curb currency manipulation: Security campaign and measures against dollar speculators
A security source confirmed on Tuesday that the security campaign to pursue those speculating on dollar exchange rates is still ongoing in the capital.Baghdad A number of governorates, as part of measures aimed at controlling the parallel market and reducing manipulation of the foreign exchange rate.
The source said in an interview with Alsumaria News that security services The military continues to carry out field operations against those manipulating dollar prices, explaining that the forces were able during the past days to arrest a number of speculators in several local markets, noting that these operations are based on accurate intelligence information.
He added that the campaign includes monitoring unlicensed money exchange shops and individuals who engage in speculation outside legal frameworks, stressing that the measures will continue and will not be limited to
specific areas inBaghdad This includes a number of governorates.
This comes amidst fluctuating dollar exchange rates in the parallel market recently, which has directly impacted the prices of food and basic commodities, causing widespread concern among citizens and prompting government authorities to take strict security and economic measures
.Ministry of Interior It was previously announced that 91 people had been arrested on charges of manipulating the dollar exchange rate, noting that these practices harm the national economy and contribute to financial instability.
Security officials confirmed that the campaign is being carried out in coordination with the Central Bank and relevant regulatory bodies, with
the aim of regulating the buying and selling of foreign currency and ensuring that markets adhere to the official exchange rate.
The authorities stressed that any attempt to exploit citizens' needs or influence the market through illegal speculation will be met with strict legal measures, and called on citizens to cooperate and report any suspicious practices that contribute to destabilizing the economy. link