Kurdistan Commerce Heads Concerns on Rising Dollar

The President of the Kurdistan Chamber of Commerce, Kilan Haji Saeed, warned of the worsening recession in the region's markets due to the rise in the dollar exchange rate, which has exacerbated the financial crisis and delayed salary payments. This has led to rising prices and has negatively impacted traders and citizens alike. He emphasized that the sudden change in the exchange rate has increased the recession by affecting traders' imports, noting that rising prices harm citizens even more. It would have been better to gradually increase the exchange rate to allow them to adapt to the changes.

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