Sunday, May 19, 2024

"AS WE SUGGESTED THE MONETARY REFORM EDUCATION WOULD BECOME LOUDER TO THE CITIZENS AND RIGHT NOW FLOATING IS THE TOPIC..BY FRANK26, 19 MAY

 KTFA:

Frank26:  "AS WE SUGGESTED THE MONETARY REFORM EDUCATION WOULD BECOME LOUDER TO THE CITIZENS AND RIGHT NOW FLOATING IS THE TOPIC... WITH NO MENTION OF A BASKET... EXACTLY AS WE TOLD YOU."...........F26

"THE MOMENT THEY RELEASE THE NEW EXCHANGE RATE AND NEW LOWER NOTES... THE FLOAT AUTOMATICALLY STARTS ON FOREX!!!"............F26

Floating the dinar... Will it achieve monetary stability in Iraq?

May 17, 2024
 
The stability of the Iraqi dinar in recent years has always faced major challenges, as it witnesses price fluctuations, not to mention a gap between what the central bank determines and what is sold in the parallel market.

In order to avoid the “volatility” syndrome and the “gap” in the price of the Iraqi dinar against foreign currencies, some experts believe that the solution lies in a kind of “surgical” operation for the country’s monetary system that may be painful, but it achieves long-term monetary stability for the national currency through... "float".


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