Home
Government to make cheaper dollar sales to merchants, lawmaker says
Economy dollar
2023-02-04 11:07
Shafaq News/ Prime Minister Mohammad Shia al-Sudani's cabinet is deliberating a proposal to make cheaper dollar sales to merchants in a bid to control the forex market, lawmaker Jamal Kocher said on Saturday.
"Merchants and investors need the dollar, indeed.
The proposal is to sell them dollars at a custom rate," the member of the parliament's finance committee told Shafaq News Agency,
"the official rate is 1,470 dinars to 1 dollar, but the demand is scarce.
Selling the dollar at a rate of 1,350 dinars to 1 dollar will boost the economy."
"Al-Sudani presented this proposal in a cabinet meeting," he concluded,
"the central bank's governor approved the notion."
https://shafaq.com/en/Economy/Government-to-make-cheaper-dollar-sales-to-merchants-lawmaker-says
Economy dollar
2023-02-04 11:07
Shafaq News/ Prime Minister Mohammad Shia al-Sudani's cabinet is deliberating a proposal to make cheaper dollar sales to merchants in a bid to control the forex market, lawmaker Jamal Kocher said on Saturday.
"Merchants and investors need the dollar, indeed.
The proposal is to sell them dollars at a custom rate," the member of the parliament's finance committee told Shafaq News Agency,
"the official rate is 1,470 dinars to 1 dollar, but the demand is scarce.
Selling the dollar at a rate of 1,350 dinars to 1 dollar will boost the economy."
"Al-Sudani presented this proposal in a cabinet meeting," he concluded,
"the central bank's governor approved the notion."
https://shafaq.com/en/Economy/Government-to-make-cheaper-dollar-sales-to-merchants-lawmaker-says
