Date: 2012-08-08 10: 11: 32 am Wednesday
Baghdad (News) … Likely a member of the Committee on the economy and investment Deputy/Iraqi/coalition Qusay Fri, reduced demand for buying the dollar on the domestic market during the coming period as a result of the cessation of trade between Iraq and Syria and Iran, because of the political crisis in their countries.
He said Juma (News Agency news) on Wednesday: that trade between Iraq and Iran and Syria near my State is disabled because the two countries political and security conditions of unstable and difficult to transport goods to and from Iraq, forcing the local currency exchange rate stability due to lack of demand for dollar buying in the market.
Added: increased demand for buying the dollar on the domestic market during the last period came through Iranian and Syrian traders who go to the Iraqi market and buy US dollars in Iraqi dinars, as well as by pumping large quantities of goods for hard currency drain, compounding the dollar
