Episode Details
Back to EpisodesAdvisor to Al-Sudani: The dollar is on the way to further decline, and 70% of Iraqi traders have entered the platform
Season 4
Episode 32
Published 2 years, 7 months ago
Description
Advisor to Al-Sudani: The dollar is on the way to further decline, and 70% of Iraqi traders have entered the platform
link to My FX Buddies Blog
Fadi Al-Shammari, advisor to the Prime Minister, Muhammad Shiaa Al-Sudani, expected on Wednesday (March 27, 2024) a continued decline in the dollar’s exchange rate against the dinar.
Al-Shammari said in a televised statement followed by “Baghdad Today,” “The dollar is on its way to further decline and is subject to supply and demand.”
He stated, “70% of Iraqi merchants deal with the platform, up from only 10%.”