Saturday, November 23, 2024

TIDBIT FROM MILITIAMAN, 23 NOV

 Militia Man 

 Article: "IMF: Arab country confirms commitment to flexible exchange rate"   Quote: "The International Monetary Fund (IMF) mission that visited Egypt announced that the Central Bank has confirmed its commitment to maintaining a flexible exchange rate regime, in order to protect the Egyptian economy from external shocks."

 ...Flexible exchange rate...is one that is determined by market forces of supply and demand in the foreign exchange market. 

The IMF suggesting shocks to come is likely a heads up that change is coming.  Let's hope that change to come is for Iraq's exchange rate...

๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ’ป ASYCUDA: Another Important Step Toward Strengthening Iraq’s Economy & The Future of the IQD ๐Ÿ’ต๐Ÿ“ˆ

CHANNEL8 NEWS  A high-level delegation from the Iraqi federal government is expected to visit the Kurdistan Region in the coming days to fin...