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Expert: Iraq will be affected by the high euro zone but limited


yota691
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30-10-2013 12:37 PM

 

 


Baghdad (news) .. Said financial expert Abdul Aziz Hassoun, the rise in the euro zone will reflect negatively on the rest of the regions, either recovery has a positive effect on the rest of the countries, especially oil-exporting countries. said Hassoun (of the Agency news): The acute crises faced by the major currencies affect the level of WTO, noting that Iraq has greatly affected volatile euro zone because of all the dealings dollar. continued: When the rising euro less than the value of the dollar and thus bears Iraq differences in financial Astiradth from the euro zone because it will lead to a significant increase prices. predicted: that the effect of this increase is limited on Iraq because he is a natural thing and usually occurs in the fourth quarter of each year because the markets are this period to liquidate their accounts there are markets go up and the other down. noted that Executive Board member at the ECB Benoit Korean, announced that the euro zone exceeded the danger zone despite the negative effects of the crisis , referring to the possibility of having its positive effects which contribute to the process of change and progress. / End / 5.. /

 

 

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excellent   ----------->     what  did he just say ?   -------   that the euro zone is climbing out of it`s recession,  and  with this the rest of the area`s  currency will fall,  and oil producing nations will really fall ?   ------    wellll    then  lets give the Iraq  dinar something  to shine about ,    give it the value of the euro ,   I think it is at 1.14  or was it 1.30  against the dollar ? 

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