My FX Buddies

Iraq Curbs Currency Manipulation And Mailiki's Withdrawl


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Iraq has launched a nationwide security campaign to

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curb dollar speculation and stabilize the foreign exchange market. Security forces, in coordination with the Central Bank, are targeting unlicensed exchange shops and individuals accused of manipulating currency rates in Baghdad and several provinces.

Authorities say these measures aim to control the parallel market, protect citizens from rising food prices, and restore confidence in the Iraqi dinar. Over 90 people have already been arrested as part of the crackdown.

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In this video, we break down what this means for Iraq’s economy, the dinar, and everyday prices.

Keywords: Iraq dinar, dollar exchange rate, currency manipulation, Central Bank of Iraq, Iraq economy, black market dollarThanks for Watching! Following Iraq’s Story — Don’t Give Up 💰

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My FX BuddiesBy Tish Washington