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Uncertainty (which the war causes in the region) will cause a downward pressure on their currencies along with less oil exports as you say. But there are a lot of factors that go into the value of a currency. Their central banks could increase the interest rates for example.
neidu3@sh.itjust.works 1 day ago
Probably a little, at least while their oil exports are actively being hindered.
When a country’s access to the international market is hindered, or manufacturing for international markets is itself hindered, currency backed by said products tend to suffer.
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