Central bank: a marked reduction of Iraqis in the stock market

Posted by on Oct 28, 2013 | Leave a Comment

August 12 / August 2013 10:53

BAGHDAD – Awan
Iraqi Central Bank announced on Monday, for a significant decrease of the number of non-Iraqis dealers in the stock market.

The bank said in a statement seen by “Awan” The trading volume (non-Iraqi) to the banking sector fell to 2.2 billion dinars ($ 1.9 million), up 66 percent from the same period of 2012, amounting to 6.4 billion dinars. “

He pointed out that foreign investment in the Iraqi market for securities amounted to 949 billion dinars ($ 700 million) this year, compared with 6.4 billion in the first quarter of last year.

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