Chenkali: the low price of gold globally has no affect on the Iraqi economy

Chenkali: the low price of gold globally has no affect on the Iraqi economy

29-12-2013 05:51 AM

Chenkali-the low price of gold globally has no affect on the Iraqi economy Baghdad (news) .. Rule out a member of the Economic Committee MP / Kurdistan Alliance / Jassim Chenkali, that affects prices drop gold on the Iraqi economy. said Chenkali (of the Agency news): The gold is linked to transactions of an international Amhalih that low price does not affect the local economy, but on the contrary, the issue of falling considered as positive the fact that the demand for purchased in the Iraqi market. added: the rise and fall in the gold market affect the value of the dollar in international transactions, especially since there was a recession, pointing to its negative impact on the countries that are dealing with it. confirmed specialists lack fears the effect of the low price of gold in global markets on the Central Bank reserves, the fact that gold is a long-term investment and the current decline is that I not in the long run. / Finished

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