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Economist: The fluctuation of the dollar is “the balance of speculators”
- Time: 05/09/2024 21:14:43
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{Economic: Al-Furat News} An economic expert attributed the continued fluctuation of the dollar’s exchange rates against the dinar in local markets to the “balance” of currency speculators in the parallel market.
Bassem Jamil Antoine told Al-Furat News Agency, "The main reason behind the fluctuation of the dollar exchange rates between rise and fall is due to speculators, as they own large quantities of dollars."
He added, "If there had been a productive economic situation, the dollar exchange rates would have stabilized, so the financial need of the industry would be estimated and work accordingly."
Antoine stated that "the actual stability of the economy will occur if the local production is activated and the economy is developed and stabilized, which means stability of exchange rates."
[You must be registered and logged in to see this link.]
{Economic: Al-Furat News} An economic expert attributed the continued fluctuation of the dollar’s exchange rates against the dinar in local markets to the “balance” of currency speculators in the parallel market.
Bassem Jamil Antoine told Al-Furat News Agency, "The main reason behind the fluctuation of the dollar exchange rates between rise and fall is due to speculators, as they own large quantities of dollars."
He added, "If there had been a productive economic situation, the dollar exchange rates would have stabilized, so the financial need of the industry would be estimated and work accordingly."
Antoine stated that "the actual stability of the economy will occur if the local production is activated and the economy is developed and stabilized, which means stability of exchange rates."
[You must be registered and logged in to see this link.]
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