Economist: Currency exchange rates are affected by political events

Business & Finance

Economy News / Baghdad ...

Said economic expert, Dr. Ahmed Abrihi, the currency in all countries of the world are affected by various factors make it difficult to maintain the stability due to the presence of active challenges such as inflation, which plays a big role in changing exchange rates against the US dollar.

He Abrihi in a press statement, the exchange rates change over time, partly due to inflation, which is one of the most important reasons that led to significant changes in currency exchange rates, as well as the data policy has become a prominent influence in the capital markets, surpassing considerations economy purely, as The currencies in general and the prices of a number of hits dispensing units.

He, as well as exchange rates change as a result of high or low demand for foreign currency compared to about supply them when the demand for foreign currency increased a lot and settings lacking them Maysd demand exchange rate changes, such as my normal when growing demand.

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