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Exclusive: “Al-Harati” Comments on the Decision to Reduce the Exchange Rate Fee

Legal advisor Hisham Al-Harati stated exclusively to Sada Economic Newspaper: “The methodology adopted in drafting the decision to reduce the fee imposed on the exchange rate clearly indicates that the dinar’s value will remain stable at this level, likely at least until mid-next year.”

He added, “The decision uses wording that circumvents judicial rulings on the matter and presents it as an independent new decision unrelated to previous ones. Additionally, the change in the fee value is contingent on the Central Bank’s ability to meet its obligations, which requires sufficient time to achieve the necessary balance for the adjustment.”

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