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Lack of liquidity raises the dollar in Kurdistan

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player46


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Lack of liquidity raises the dollar in Kurdistan
Sulaymaniyah - WAP
Detection specialist in economic affairs that the cause of the high value of the dollar in the markets Kurdistan region due to lack of liquidity in the banks. As markets have experienced the Kurdistan region in recent significant increase in the value of the dollar, and specialists attribute the reasons for this rise to a lack of the Iraqi dinar in the banks, and increased demand on the dollar. Chief Economic Committee in the province of Sulaymaniyah Ahmed Rashid in a press statement on Sunday, said that «stability dollar in any country depends on the economy of that State, and Economy Kurdistan linked the Iraqi economy is well known that Iraq's economy is unstable due to the crises and conflicts in the country , and all of this affects the value of the dollar and the volatility in the Kurdistan region. as Rasheed attributed the reasons for the high dollar also to the lack of liquidity in the banks and the need for citizens to deal with the dollar and increased demand.

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