Ariel
You all need to understand the financial implications of this inflation rate. This is not conjecture or some wild off beat theory. Iraq literally can not afford to come out below 10.
Because the Central Bank of Iraq (CBI) has implemented measures to stabilize the currency, including securing approval from the U.S. Federal Reserve to supply dollar cash in 2024.
However, of course those efforts have not fully mitigated inflationary trends.
Imagine having 1-5 million in IQD and you wake up with an extra 13 million to 65 million.
Source(s):
https://x.com/Prolotario1/status/1859381082023395731
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