Thursday, February 20, 2025

TIDBIT FROM SANDY INGRAM, 20 FEB

 Sandy Ingram  

 To understand how the Iraqi dinar can increase in value from $0.00076...to $0.10 cents we must analyze the steps involved in such a progression. 

 This type of increase typically follows an exponential growth pattern particularly in speculative or emerging currency markets...The starting exchange rate in early 2025 is .00076.  If the IQD reaches $0.10 this represents...

 a remarkable 13,158% increase.  Several economic and market conditions contribute to currency value appreciation -  

THE CENTRAL BANK OF IRAQ ACKNOWLEDGES THE CRISIS: OIL PRICES AND LIQUIDITY WITHDRAWALS HAVE AFFECTED “CASH RESERVES”

  THE CENTRAL BANK OF IRAQ ACKNOWLEDGES THE CRISIS: OIL PRICES AND LIQUIDITY WITHDRAWALS HAVE AFFECTED “CASH RESERVES”. The Central Bank of ...