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Strategic expert: The value of the Iraqi dinar will decrease in relation to the US dollar as oil falls DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Strategic expert: The value of the Iraqi dinar will decrease in relation to the US dollar as oil falls

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Strategic expert: The value of the Iraqi dinar will decrease in relation to the US dollar as oil falls Empty Strategic expert: The value of the Iraqi dinar will decrease in relation to the US dollar as oil falls

Post by RamblerNash on Tue Mar 10, 2020 10:58 pm

Strategic expert: The value of the Iraqi dinar will decrease in relation to the US dollar as oil falls Image

09-03-2020 12:34 PM

Baghdad / news

The strategic expert, Eric Davis, stressed that the value of the Iraqi dinar will decrease in relation to the US dollar as oil continues to decline.

"The value of the Iraqi dinar will decrease in relation to the US dollar, and the reason is that the Iraqi dinar will represent a weaker economy as oil prices continue to decline due to lower global industrial production," Davis said in a tweet on Twitter.

He added that "Iraq has 95% of its external revenues from selling oil. Iraq must diversify its economy."

https://www.ikhnews.com/index.php?page=article&id=210707
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