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Economist: War on Iran raises the value of the dollar in Iraq .. For this reason! DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Economist: War on Iran raises the value of the dollar in Iraq .. For this reason!

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Post by RamblerNash on Sun May 12, 2019 12:13 pm

Economist: War on Iran raises the value of the dollar in Iraq .. For this reason!

Economist: War on Iran raises the value of the dollar in Iraq .. For this reason! 570d55d74cc860a7cf8b45fb87ebba1f_L

Mostafa Al Anbari 11/05/2019 - 23:21

The economic expert Salam Samisem said on Saturday that the outbreak of war on Iran, regardless of Iraq's position will have an impact on the Iraqi currency to raise the value of the dollar in front of him, noting that the Iraqi economy may be exposed to a new inflationary wave because of that war requires government action to control On markets.

"The outbreak of war on Iran, regardless of the position of Iraq, will have an impact on the Iraqi currency to increase the value of the dollar in front of it," said Smeisem, "indicating that" fear of the unknown will increase demand for the US dollar, which will raise its value compared to the Iraqi dinar and thus lead To a decline in the value of the dinar ».

"The Iraqi economy may be exposed to a new inflationary wave because of that war, which requires government measures to control the markets," she said. "The first step is to reassure the Iraqi street and traders that things are under control and there is no need to increase demand for the dollar."

Economist: War on Iran raises the value of the dollar in Iraq .. For this reason! Salam-Smesim-image-1

Salam Semisem

Tension between Tehran and Washington has grown since US President Donald Rumsfeld's administration decided to withdraw from the nuclear deal with Iran a year ago and began to re-impose tough sanctions on the Islamic Republic.

US national security adviser John Bolton has indicated that his country's military moves in the region "send a clear message to the Iranian regime that any action against US forces will be faced firmly."

In the latest Tehran-Washington spat, Iran's Revolutionary Guards said Tehran would not negotiate with the United States and ruled out any US attack after Trump encouraged Iran to hold new talks and said it could not rule out a military confrontation.

Trump presented the offer as economic and military pressure mounted on Iran, where he worked this month to stop all exemptions from sanctions for five countries to import Iranian oil while boosting the presence of US naval and air forces in the Gulf.

At the same time, the United States has put the IRGC on the black list and classified it as a foreign terrorist organization.

Iran announced a few days ago to suspend its commitment to two terms of a nuclear deal signed with the West in 2015, in response to the economic sanctions that the United States imposed on them.

Iranian President Hassan Rowhani said his country would continue to enrich uranium stocks at home instead of selling it abroad, and also threatened to resume the production of highly enriched uranium within 60 days.

http://www.basnews.com/index.php/ar/economy/2017-01-26-12-23-03/520131
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