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The Iraqi dinar continues to weaken in the parallel market, link to My FX Buddies Blog reaching 153,000 dinars per $100, while the Central Bank of Iraq says it is not responsible for the widening gap between the official and market exchange rates. In this update we break down: • Why the dollar is rising in the parallel market • The impact of the ASYCUDA customs system • Why traders are avoiding the official platform • 22 Iraqi banks barred from dollar transactions • The Oliver Wyman banking reform plan • Is this policy failure… or market evasion? Is the issue the dollar? If you'd like to Support the channel: https://cash.app/$tishwash.... https://paypal.me/tishwash.... Or is the real problem the dinar itself? Let’s break it down. 💬 Drop your thoughts below — who is responsible? “Dinar weakens… The dollar climbs…
#iqd #iraqidinar #IraqiDinarNews #IraqEconomy #IraqiDinar myfxbuddies #maliki
By Tish WashingtonThe Iraqi dinar continues to weaken in the parallel market, link to My FX Buddies Blog reaching 153,000 dinars per $100, while the Central Bank of Iraq says it is not responsible for the widening gap between the official and market exchange rates. In this update we break down: • Why the dollar is rising in the parallel market • The impact of the ASYCUDA customs system • Why traders are avoiding the official platform • 22 Iraqi banks barred from dollar transactions • The Oliver Wyman banking reform plan • Is this policy failure… or market evasion? Is the issue the dollar? If you'd like to Support the channel: https://cash.app/$tishwash.... https://paypal.me/tishwash.... Or is the real problem the dinar itself? Let’s break it down. 💬 Drop your thoughts below — who is responsible? “Dinar weakens… The dollar climbs…
#iqd #iraqidinar #IraqiDinarNews #IraqEconomy #IraqiDinar myfxbuddies #maliki