Safe haven: Iraq Stock Exchange to support the economy

Posted by on Oct 26, 2013 | Leave a Comment

30-08-2013 12:51 PM

Baghdad (newsletter).Member of the Economic Committee of the Kurdistan Alliance MP mahma Khalil, the importance of activating the stock market to increase storage and support the economy.

He said Khalil (News Agency): Iraq Stock Exchange will be a safe haven for the economy to investors and attract capital, adding that many States have serious and wish to enter the Iraqi market and are waiting for the improvement of the security and political situation.

And: the stability of the Iraqi dinar exchange rate against the u.s. dollar, are subject to the security and political conditions for Iraq and the region, adding that the stability of the dinar would be a positive step to bring investors and strengthen the Iraqi market.

The fluctuations in the exchange rate of the dollar led to the trend of capital invested in the stock market to market supply and demand of foreign currency

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