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An economist identifies measures to end the differences between the official and parallel dollar price
July 12 8:40 am
Information / Baghdad...
The researcher in economic affairs, Muhammad Al-Saadi, explained, on Wednesday, that
there are some measures through which the government can eliminate the differences between the official and parallel dollar exchange rate. Al-Saadi told Al-Maalooma,
"The control of the border crossings over exports and imports, and
obliging all merchants to enter the electronic platform,
will greatly reduce the demand for dollars in the parallel market." He added that
"the central bank's tendency to increase the dollar sold by it to merchants in general and citizens by a specific percentage and according to need,
will make the parallel market less demand for foreign currency." And that
"the government, if it is able to increase the amount of dollars received from the Federal Bank,
it can increase the pumping of this currency to the markets and reduce the parallel price, as well as the possibility of
increasing the opening of windows for selling the currency in all regions and governorates, and
thus competing with the parallel market for the emergency demand for the currency." ended 25 n
https://almaalomah.me/news/economy/اقتصادي-يحدد-الإجراءات-الكفيلة-بإنهاء-الفوارق-بين-سعر-الدولا
July 12 8:40 am
Information / Baghdad...
The researcher in economic affairs, Muhammad Al-Saadi, explained, on Wednesday, that
there are some measures through which the government can eliminate the differences between the official and parallel dollar exchange rate. Al-Saadi told Al-Maalooma,
"The control of the border crossings over exports and imports, and
obliging all merchants to enter the electronic platform,
will greatly reduce the demand for dollars in the parallel market." He added that
"the central bank's tendency to increase the dollar sold by it to merchants in general and citizens by a specific percentage and according to need,
will make the parallel market less demand for foreign currency." And that
"the government, if it is able to increase the amount of dollars received from the Federal Bank,
it can increase the pumping of this currency to the markets and reduce the parallel price, as well as the possibility of
increasing the opening of windows for selling the currency in all regions and governorates, and
thus competing with the parallel market for the emergency demand for the currency." ended 25 n
https://almaalomah.me/news/economy/اقتصادي-يحدد-الإجراءات-الكفيلة-بإنهاء-الفوارق-بين-سعر-الدولا
