Al-Jebu lists the reasons for the high exchange rate of the dollar

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The economic expert, Wahid Al-Jebu, spoke exclusively to our source, about the reasons for the rise in the dollar’s exchange rate against the dinar.

He said: “Perhaps a number of oil ports have stopped, and the lack of clarity of vision in the political conflict between the two governments, in addition to the rise in prices globally, led to an increase in the demand for the dollar.”

He added: “But the increase is slight because the country has witnessed a very large increase in the past years, reaching 8 dinars for one dollar in paper currency, while the price of the dollar on the instrument reached 12 dinars.”

He continued by saying: “In conclusion, the political and economic situation is confusing and it is unclear where the country is heading to achieve political and economic détente or vice versa.”