Home
Al-Saadi: speculative dollar behind the depreciation of stock trading
Sunday, March 15th, 2015
Baghdad/sourcing Centre for the Iraqi media network (IMN) 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.
And between Al-Saadi's (IMN), that "the money speculators rush 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, worth 15 billion 816 million dinars, compared to December last year, the total number of shares traded was 57 billion shares, worth 55 billion dinars.
From: Waleed Al-zaidi, edit: Laith Mohammed Reza
[You must be registered and logged in to see this link.]
Sunday, March 15th, 2015
Baghdad/sourcing Centre for the Iraqi media network (IMN) 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.
And between Al-Saadi's (IMN), that "the money speculators rush 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, worth 15 billion 816 million dinars, compared to December last year, the total number of shares traded was 57 billion shares, worth 55 billion dinars.
From: Waleed Al-zaidi, edit: Laith Mohammed Reza
[You must be registered and logged in to see this link.]
