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Economist: lack of confidence in banks and withdraw money, including behind the rise in gold and the dollar


yota691
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Economist: lack of confidence in banks and withdraw money, including behind the rise in gold and the dollar
Economy and Tenders

 Since 01/25/2016 18:28 pm (Baghdad time)

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Special - scales News

Said spokesman Antoine economic expert, said on Monday that the lack of confidence in local banks and withdraw money, including behind the rise in gold and the dollar in the market.

Said Antoine L / scales News /, that "lack of confidence" local Iraqi banks "by citizens led to the withdrawal of money from banks," stressing at the same time that "most citizens have storing money in Iraqi currency, and this resulted in the rise in the dollar and gold in the market." .

He said economic expert, said he "can lower dollar prices in the region through the dollar pumping larger markets and scaled through the use of censorship," .anthy 29/34 R.

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I agree with you Wiljor, the citizens know something is going to happen in the near future with the dinar exchange rate.

Also they're a cash society, they don't trust the banks.

I agree with both of you. Sure looks like something is going to happen. Just don't know if it's going to be good or really bad.

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