Al-Sudani targets price gouging amid stable USD
2025-06-02T21:46:54+00:00
Shafaq News/ On Monday, Iraqi Prime Minister Mohammed Shia Al-Sudani ordered official agencies to crack down on price manipulators, targeting food, medicine, bakeries, and flour mills.
Highlighting the stable dollar-to-dinar exchange rate, he accused some companies and traders of exploiting prices or refusing to adjust them despite market stability.
Al-Sudani urged regulators to work closely with the ministries of Commerce, Agriculture, and Health to enforce steady pricing on essential goods critical to everyday life.
The US dollar has seen a gradual decline in recent weeks. As of Monday, it traded at 142,750 IQD per $100 on local currency exchanges.
