Expert: Iran nuclear deal will raise the pressure on the dollar in Iraq

by **csd9013** Thu 16 Jul 2015, 7:06 pm

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Expert: Iran nuclear deal will raise the pressure on the dollar in Iraq

by csd9013 Thu 16 Jul 2015, 7:06 pm

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Thursday 16 July 2015 | 12:43

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The arrival of Iranian and west sides to an agreement after 21 months of tough negotiations and years of tension and sanctions against Tehran would reflect positively on the Middle East and the Arabian Gulf in general

Qurtas News / Baghdad
Predicted economist Ahmed Fahmy, Thursday, that the nuclear agreement between Iran and the West is reflected positively on the Middle East and the Gulf region.
Fahmi said in a statement to "Qurtas News" that "the arrival of Iranian and west sides to an agreement after 21 months of tough negotiations and years of tension and sanctions against Tehran would reflect positively on the Middle East and the Gulf region in general."
Fahmi said that "Iraq is Iran's closest neighbor and the largest affected troublesome and international sanctions against Iran, the results of the agreement gradually lift economic sanctions on Tehran, which will lead to the lifting of the pressure on the dollar in the Iraqi market prices."
He said the "stability of the Iraqi dinar exchange rate will reflect positively on the prices of goods and services," stressing that "reflections Alabjabh nuclear deal will not be reflected on the Iranian economy, but only on the countries of the region at the top of Iraq." .

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