Iraqi Stock Exchange: the decrease in exchange trading will direct other alternatives.

politics/Security/Economy/Local/International

18-04-2021, 14:53

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Baghdad - INA

Iraqi Stock Exchange identified today, Sunday, the extent to which the change in the exchange rate of the dollar against the dinar was affected, indicating that the decrease in foreign exchange trading will direct trading opportunities to other alternatives.
The executive director of the Iraq Stock Exchange, Taha Ahmad Abdul Salam, told the Iraqi News Agency (INA): "The economic facts indicate that when trading in foreign currencies decreases due to the low margin of the official price difference from trading, trading opportunities are directed towards other alternatives."
He added that "the Iraqi market was affected, like the rest of the economy,
in the near term, which could continue in the medium term, with the high purchase demand, in addition to other economic factors and the disclosure of the companies' financial position for 2020 and their financial indicators."