Middle East Currency Markets

Market Indicators

Middle East Currency Pairs on CMBC Markets

Local currencies of the Middle-Eastern countries have a strong dependence on the export of raw materials and correlate with energy prices. Central banks of some of these countries have pegged their currencies to the USD which can potentially lead to a recession if oil prices remain low for a long period of time. Utilizing algorithms to track currency pairs. Using in real-time currency data to track, monitor and execute forex.