EPISODE · Mar 12, 2021 · 17 MIN
Could the Speculation of the IRaqi Dinar Be Over Soon?
from My FX Buddies · host Tish Washington
To see this article in full and MORE go to: https://myfxbuddies.blogspot.com/2021/03/wots-thur-mar-11-21.html An economist expects a representative decision related to the exchange rate that paves the way for market stability link The economic expert, Rasim Al-Aqidi, predicted, today, Thursday, the date of price stability in the Iraqi market, while noting that the news and statements issued by political forces prompted many traders and importers to consider import operations. "The markets are affected by rumors, news and statements related to the exchange rate of the US dollar against the Iraqi dinar, especially since some of them are issued by influential political blocs demanding the return of the exchange rate to its previous position," said Rasim Al-Aqidi. Al-Aqidi added, "The change of the dollar’s exchange rate by the state and subjecting it to speculation through supply and demand came in order to alleviate the problem of foreign currency exiting outside the borders due to the low exchange rate by purchasing goods that the country does not need, which leads to a reduction in imports, and this allows space. The largest for domestic products in marketing and consumption. "
What this episode covers
To see this article in full and MORE go to: https://myfxbuddies.blogspot.com/2021/03/wots-thur-mar-11-21.html An economist expects a representative decision related to the exchange rate that paves the way for market stability link The economic expert, Rasim Al-Aqidi, predicted, today, Thursday, the date of price stability in the Iraqi market, while noting that the news and statements issued by political forces prompted many traders and importers to consider import operations. "The markets are affected by rumors, news and statements related to the exchange rate of the US dollar against the Iraqi dinar, especially since some of them are issued by influential political blocs demanding the return of the exchange rate to its previous position," said Rasim Al-Aqidi. Al-Aqidi added, "The change of the dollar’s exchange rate by the state and subjecting it to speculation through supply and demand came in order to alleviate the problem of foreign currency exiting outside the borders due to the low exchange rate by purchasing goods that the country does not need, which leads to a reduction in imports, and this allows space. The largest for domestic products in marketing and consumption. "
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Could the Speculation of the IRaqi Dinar Be Over Soon?
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