Expert: the security situation in the country caused a rise in the price of the dollar in Iraq
Expert: the security situation in the country caused a rise in the price of the dollar in Iraq
June 15, 2014 8:09 Last Updated: June 15, 2014 8:09
Economists said that “the high price of the dollar coupled with instability and the migration of families from Mosul because of the confusion of the security situation there.” He expert that “the reason for people’s willingness to buy the dollar as a currency globally accepted and sizes small compared to the local currency, which led to supply less of demand, and some weak souls of merchants and others are trying to exploit this crisis for their own business, “noting that” the war taking place in the present time of economic rather than a military. “according to the newspaper term added by saying that “the Iraqi government does not have the economic dimension of the broad and has no Plans economic good, “and urged the central government and the central bank to” the formation of a crisis cell to provide the needs of food and fuel and to reassure people and to meet the needs of the citizens and the continuation of the work of private banks and government and meet the requests of citizens, and that comes out official at the Central Bank and to reassure people on the financial and economic conditions in the country. ” of For his part, saw the financial expert Ghazi al-Kanani said that “what is happening from the rise in global oil prices as well as the rise of the dollar against the Iraqi dinar is temporary and will not last long and ends with the end of the security crisis taking place in the country,” noting that “the high price of the dollar comes psycho citizens” . “The dollar global currency and easy to carry and traded in all countries of the world to accept that the citizen to buy them through the crisis.” With regard to the rise in oil prices in the global market sees that “the global market fears of reduced supplies of Iraqi oil because the Iraqi market of great importance in the Middle East and the world in general, because oil is a commodity strategy important and vital rely on states economically.” noted Kanani said that ” numerous rallies took place in earlier times in world oil prices due to security incidents or disruptions in some states, as happened when you close shut the Strait of Hormuz. ” Kanani and pointed out that “Iraq affects and is affected by the global situation, and that the occurrence of such crisis cast a shadow over the economy in general,” pointing out that “the current crisis are temporary and will not last long.” He urged Kanani CBI to “put up large amounts of dollar coin for sale to cover the increasing demand for the dollar, a move that is not Besab on the Iraqi government and the central bank, and helps to stabilize the currency and get out of the crisis speculative prices currency.” On the other hand saw experts the economic and financial that the global market witnessed a rise in oil prices because of the security crisis taking place in Iraq and the region, noting that the global market is concerned by allegations Daash hegemony over the oil wells in Mosul and Al-Hasakah. As said the Iraqi market affect and are affected by global markets significantly, confirmed that high exchange rate of the U.S. dollar was due to the confusion of the security situation, stressing that the rise will not last long. says an expert on economic affairs on behalf of Anton said that “the security situation taking place in the country significantly affecting the economic situation in general,” noting that “the global market witnessed a rise in oil prices due to the confusion of the security taking place in some Iraqi provinces. “explained Anton said that” the unknown plays a role in the economy of countries, so the market affected by this unknown because of dreams (Daash), which portrayed the world as dominated the oil fields of Mosul and Al-Hasakah, “adding that” This led to the kind of confusion and lack of clarity and worry the oil market, which is usually sensitive and led to a rise in the price of oil to more than $ 110 per barrel. ”
mubasher.info
