Forecast decline in demand for the dollar
08/09/2012
BAGHDAD - The morning : was likely a member of the Committee of Economy and Investment MP Qusay Juma, a decline in demand for dollar in the domestic market during the coming period due to the cessation of trade between Iraq and Syria and Iran, because of the political crisis with their two countries.
said Friday: The trade between Iraq and the states of Iran and Syria has barely functioned because of what witnessing these two countries of security conditions and political unstable and difficult to transport goods to and from Iraq, what will drive to the stability of the exchange rate of local currency due to lack of demand for dollar in the market.
He added that the increased demand for dollar in the local markets during the period the last came by injecting large quantities of goods for hard currency drain, the excess of the exchange rate of the dollar against the dinar.
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http://www.alsabaah.com/ArticleShow.aspx?ID=32895
08/09/2012
BAGHDAD - The morning : was likely a member of the Committee of Economy and Investment MP Qusay Juma, a decline in demand for dollar in the domestic market during the coming period due to the cessation of trade between Iraq and Syria and Iran, because of the political crisis with their two countries.
said Friday: The trade between Iraq and the states of Iran and Syria has barely functioned because of what witnessing these two countries of security conditions and political unstable and difficult to transport goods to and from Iraq, what will drive to the stability of the exchange rate of local currency due to lack of demand for dollar in the market.
He added that the increased demand for dollar in the local markets during the period the last came by injecting large quantities of goods for hard currency drain, the excess of the exchange rate of the dollar against the dinar.
+
http://www.alsabaah.com/ArticleShow.aspx?ID=32895
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