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Economist: The Decline In The Price Of The Dollar Does Not Confuse The Market, And These Are The Beneficiaries
04/11/2023
1991
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04/11/2023
1991
[You must be registered and logged in to see this link.]
Earth News / Economic expert Ahmed Saddam confirmed today, Tuesday, that the drop in the exchange rates of the dollar does not cause confusion in the market, while he identified the beneficiaries of this decline.
In an interview with Earth News, Saddam said, "The drop in dollar prices does not cause great confusion in the market, as much as positive expectations postpone some commercial deals only for those who resort to obtaining dollars from exchange companies because there are expectations of a greater decline in the exchange of the dollar against the dinar."
He added, "This decline enables the merchant class to obtain a larger dollar in terms of value because of this decline, and thus raises the level of their trading ability in the future with the stability of the market.
[You must be registered and logged in to see this link.]
In an interview with Earth News, Saddam said, "The drop in dollar prices does not cause great confusion in the market, as much as positive expectations postpone some commercial deals only for those who resort to obtaining dollars from exchange companies because there are expectations of a greater decline in the exchange of the dollar against the dinar."
He added, "This decline enables the merchant class to obtain a larger dollar in terms of value because of this decline, and thus raises the level of their trading ability in the future with the stability of the market.
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