Dollar adversely affect the stock market
Dollar adversely affect the stock market
Saturday, February 7, 2015 18:38
BAGHDAD / follow Baghdadi News / .. The head of the Securities Commission Abdul-Razzaq al-Saadi, said that there has been a recent rise in the dollar exchange rates had a negative impact on the stock market.
Saadi said in a statement seen by / Baghdadi News /, that “supply and demand and the impact of the central bank through traders sell the dollar and reduce the amount of the money changers and the amounts sold led to higher prices in the Iraqi market.”
He explained that “a strong dollar leads to lower securities trading, the dollar because the trade will be more financial reaped profits from securities trading” .anthy 21 / l
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