Podcasts News My FX Buddies Advisor to Al-Sudani: The dollar is on the way to further decline

Advisor to Al-Sudani: The dollar is on the way to further decline

Published: March 30, 2024, 2:16 a.m.

Advisor to Al-Sudani: The dollar is on the way to further decline, and 70% of Iraqi traders have entered the platform

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Fadi Al-Shammari, advisor to the Prime Minister, Muhammad Shiaa Al-Sudani, expected on Wednesday (March 27, 2024) a continued decline in the dollar\u2019s \u200b\u200bexchange rate against the dinar.

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Al-Shammari said in a televised statement followed by \u201cBaghdad Today,\u201d \u201cThe dollar is on its way to further decline and is subject to supply and demand.\u201d

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He stated, \u201c70% of Iraqi merchants deal with the platform, up from only 10%.\u201d

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