"AMERICA STOPS THE DOLLAR CASH TO IRAQ: WILL THE DOLLAR RISE AGAINST THE DINAR?"
Choo-Choo! Enough said.
WOW! WOW! WOW!
"In a surprising move, reports indicate that the United States has decided to stop sending cash dollars to Iraq, a decision that could have profound effects on the Iraqi economy and its financial market.
This shift raises many questions about its impact on the value of the Iraqi dinar, currency markets, and the local banking
sector." What is a cash dollar? Cash dollars refer to money that is physically sent to Iraq
by the United States, usually through banks or other economic mechanisms.
I could hardly believe my eyes when I read the article. Let's explore this today and see why this move by the US is going to pay off big for Iraq in the long run. But in the short run there is an adjustment they have to deal with. Is this all part of the
bigger plan to get Iraq in a position to reinstate the dinar?
Their words not mine.....
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