Parliamentary Finance: Speculators continue to control the dollar

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Parliamentary Finance: Speculators continue to control the dollar

Mustafa Al-Karawi, a member of the Parliamentary Finance Committee, confirmed on Wednesday that price speculators continue their questionable business by manipulating marketing prices and importing goods and commodities under the guise of the rise in the value of the dollar.

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

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

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