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Beastmaster: the rush of speculators with money to foreign currency for profit led to withdrawal of cash from the stock market
15-03-2015
The President said the securities Abdul Razzaq Al-Saadi, the speculations in the foreign currency that accompany high exchange rate of the US dollar versus low dinar, impacted negatively on the value of the Iraq market for securities.
Al-Saadi said that the rush of speculators with money toward foreign currency in search of profit, led to withdrawal of cash from the stock market, which reduced turnover.Trading value dropped in Iraq stock market for the month of January, reaching 15 billion dinars, with 13 billion dollars and 538 million shares, compared with the month of December, the total number of shares traded were 57 billion shares. .
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15-03-2015
The President said the securities Abdul Razzaq Al-Saadi, the speculations in the foreign currency that accompany high exchange rate of the US dollar versus low dinar, impacted negatively on the value of the Iraq market for securities.
Al-Saadi said that the rush of speculators with money toward foreign currency in search of profit, led to withdrawal of cash from the stock market, which reduced turnover.Trading value dropped in Iraq stock market for the month of January, reaching 15 billion dinars, with 13 billion dollars and 538 million shares, compared with the month of December, the total number of shares traded were 57 billion shares. .
[You must be registered and logged in to see this link.]
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