Wednesday, July 10, 2024

"IRAQ MUST HAVE A LIVE INTERNATIONAL EXCHANGE RATE ON GLOBAL MARKETS IN ORDER TO SELL US DOLLARS TO TRAVELERS" BY ARIEL, 10 JULY

LATEST FROM ARIEL

Well the case that Iraq must have a live international exchange rate on global markets in order to sell US dollars to travelers. 

The Central Bank of Iraq could potentially set a fixed exchange rate for travelers, or use a rate based on its own internal calculations or market assessments. However, having a live international exchange rate could provide more transparency and confidence in the process, as it would be based on market forces and could potentially be more competitive. 

It could also help to prevent arbitrage opportunities and ensure that the exchange rate is fair for all parties involved.

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