Member of the Parliamentary Finance Committee Mustafa Al-Karowitz acknowledged on Wednesday that price speculators keep their dubious business under cover of the dollar’s value increase by adjusting marketing prices and importing products and commodities.
“Speculators keep their suspicious activities in manipulating incoming and outgoing goods to keep the dollar price high in local markets,” Al-Karowitz said in a statement to
He said, “There is no real system to control the exchange rate; this chaos has caused speculators to control the dollar market; 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 let speculators control the dollar exchange rate,” said the statement.
