The Governor of the Central Bank of Iraq has confirmed that

link to My FX Buddies Blog

the official dollar exchange rate remains fixed and will not change, despite recent fluctuations in the parallel market.

According to Ali Al-Alaq, the rise in black market prices is driven by some traders turning to unofficial channels due to changes in import mechanisms. He emphasized that Iraq’s foreign currency and gold reserves remain strong, and that the Central Bank continues to inject dollars into the system.

If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠...In this update, we break down:

• Why the black market is rising

• What the Central Bank is actually doing

• Whether the dinar is really at risk

• And what this means for traders and citizens

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