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[size=32]Aware / Expert: There is no concern about the stability of the dinar, with the large reserves of the dollar and gold[/size]
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Conscious / Baghdad / follow-up
The economic expert, Abdul Hassan Al-Shammari, confirmed that there is no concern about the stability of the local currency, with the large reserves of dollars and gold.
Al-Shammari said in a statement to him, which was followed by (Iraqi Media News Agency / INA), that what happened during the last period in terms of the rise in the dollar against the local currency was caused by the lack of supply of it and the increase in demand for it.
Al-Shammari added that external factors stand behind this rise, including Iraq's payment of dues to Iran in the national currency, which is around 3-5 trillion dinars.
He explained that these sums were pumped into the Iraqi market in one way or another to buy dollars in light of Iran's need for foreign currency more than the Iraqi dinar to revitalize its tired economic situation.
Al-Shammari stressed that with these factors, in addition to others, there is no fear or concern for the Iraqi dinar, in light of the presence of large reserves of dollars and gold, in addition to the continuous flow of foreign currency from the export of oil in particular.
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.] 11views
Conscious / Baghdad / follow-up
The economic expert, Abdul Hassan Al-Shammari, confirmed that there is no concern about the stability of the local currency, with the large reserves of dollars and gold.
Al-Shammari said in a statement to him, which was followed by (Iraqi Media News Agency / INA), that what happened during the last period in terms of the rise in the dollar against the local currency was caused by the lack of supply of it and the increase in demand for it.
Al-Shammari added that external factors stand behind this rise, including Iraq's payment of dues to Iran in the national currency, which is around 3-5 trillion dinars.
He explained that these sums were pumped into the Iraqi market in one way or another to buy dollars in light of Iran's need for foreign currency more than the Iraqi dinar to revitalize its tired economic situation.
Al-Shammari stressed that with these factors, in addition to others, there is no fear or concern for the Iraqi dinar, in light of the presence of large reserves of dollars and gold, in addition to the continuous flow of foreign currency from the export of oil in particular.
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