Mnt Goat
The CBI and the Finance Committee are really tightening their restrictions on the dollar. They need to get this de-dollarization process ended...
Why not just make the dinar much more valuable than the dollar “officially” by raising the rate? ...we can see the CBI wants to follow up on this outcome...we know they first have to create the demand for the IQD outside of Iraq...That is the hurdle the CBI is now working on. They must now get agreements in place to accept the dinar in trade transactions with other Arabic countries and other developed nations trading partners.
The Parliamentary Finance Committee renewed its support for the Central Bank’s measures to control the exchange rate.
This tells us they are still onboard and working with the CBI towards their common goal or the eventual reinstatement on FOREX.
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