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Economist illustrates's (IBN) reasons for the high price of the dollar against the Iraqi dinar DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Economist illustrates's (IBN) reasons for the high price of the dollar against the Iraqi dinar

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Economist illustrates's (IBN) reasons for the high price of the dollar against the Iraqi dinar Empty Economist illustrates's (IBN) reasons for the high price of the dollar against the Iraqi dinar

Post by Ssmith Thu Oct 13, 2016 9:59 am

Economist illustrates's (IBN) reasons for the high price of the dollar against the Iraqi dinar



Economist illustrates's (IBN) reasons for the high price of the dollar against the Iraqi dinar Download-3-10

BAGHDAD / IBN

Economic expert on behalf of Antoine reveal the reasons for the dollar's exchange rate against the Iraqi dinar in the markets.

Antoine said Thursday in a statement singled out by the Iraqi transmitter Network (IBN) that the dollar exchange rate in the Iraqi market is determined by supply and demand, adding that the increased demand by citizens led to a rise in prices to what it is now.

He pointed out that many citizens feared keep the dinar, making them go to buy hard currency.

He added that the foot to buy the dollar came as a result of pumping the dollar amounts larger than the market demand, which works panting citizens and traders to buy it.

http://ibnnews.net/?p=68999
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