Financial expert for "Economy News": Rising oil prices helped lower the exchange rate of the dollar[You must be registered and logged in to see this image.]
Financial and banking expert Dr. Majid Al-Suri confirmed on Tuesday that the rise in oil prices is due to the reasons that helped lower the exchange rate of the dollar and other markets.
The picture, in an interview with "Economy News", "The decline in exchange rates related to speculation in the banking markets, which are affected by the economic and political situation in the country."
He added that "the fall in exchange rates come within the measures of the Central Bank to stabilize the dollar," adding that "the high oil prices enabled the market to supply the needs of the dollar."
And exchange rates are witnessing a significant decline, as the dollar exchange rate in local markets this day to 123.750 dinars per 100 dollars.[You must be registered and logged in to see this link.]