Thursday, February 20, 2025

AJ : Update: Iraq operates a parallel market for dollar exchange rates within the country!!, 21 FEB

 AJ 

💰Update: Iraq operates a parallel market for dollar exchange rates within the country. 

Currency exchange shops offer the Iraqi Dinar at rates higher than the official Central Bank of Iraq (CBI) rate. 

According to banking consultant Al-Shaikhli in the article below 👇 this discrepancy has hindered Iraq's ability to introduce lower denomination notes. We should keep a 👁️on.
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