[size=36]How affected is the Iraqi market by changing the price of the dollar?[/size]
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The Iraqi Stock Exchange determined, on Sunday, the extent of the change in the exchange rate of the dollar against the dinar, indicating that the decrease in foreign exchange trading will direct trading opportunities to other alternatives.
The executive director of the Iraq Stock Exchange, Taha Ahmed Abdel Salam, said, according to the official agency, that "economic facts indicate that when trading in foreign currencies decreases due to the low margin of the official price difference from trading, trading opportunities are directed towards other alternatives."
Abdul Salam added, "The Iraqi market has been affected, like other economic segments, in the near term, which could continue in the medium term, with the high purchase demand, in addition to other economic factors and the disclosure of the companies' financial position for the year 2020 and their financial indicators."