Few days ago I discussed this topic with some economists and we remembered mistakes made when “monetary policy of associated labour” was implemented. Should we now invent “monetary policy of exporters”!? As for exchange rate fluctuations, they are simply a part of the regular market mechanism (oil, gold, dollar....). But, if these fluctuations are not to somebody’s liking, there is a solution!
First, nowadays it is possible for exporters to fix several months in advance the exchange rate at which they will convert their export proceeds! By doing so they are protecting themselves from the strengthening of the dinar, but at the same time, they forsake the chance of profiting from possible weakening of the dinar.