Parliamentary Finance: Speculators continue to control the dollar

Member of the Parliamentary Finance Committee, Mustafa Al-Karawi, confirmed today, Wednesday, that price speculators continue their suspicious trade by manipulating marketing prices and importing goods and commodities under the pretext of the rise in the price of the dollar.

Al-Karawi said in a statement to Al-Maalouma Agency, “Speculators continue their suspicious activities in manipulating incoming and outgoing goods to keep the dollar price high in local markets.”

He added, “There is no real system to control the exchange rate, and this chaos has caused speculators to control the dollar market,” noting that “they did not give any consideration to the Central Bank’s platform.”

Al-Karawi stressed the need to “unify efforts between the Central Bank, ports and customs to control goods and not allow speculators to control the dollar exchange rate.”

Almaalomah.me