MAJEED
The CBI will be back on Tues. 7 Jan. 2025 after the reevaluation happens! … to manage liquidity for the currency after being on Forex like India and Egypt.
“The Authority emphasizes its efforts to regulate the market, enhance transparency, and foster public and private sector participation. The event marks the beginning of a promising year for the Iraqi stock market.”
All that happening on Tues. 7 Jan. 2025.
And no, they do not have to wait for the stock market to open because Forex is an international market that does not depend on the stock market of the country to be open. They already adjusted the payroll and they will start paying the salaries on Sun. 5 Jan. 2025 based on the new rate.
If people getting less money without knowing that rate has changed inside the country, they will go insane, so the government will announce.