AJ
GM Red, The CBI’s call on December 29, 2024, to give category (C) currency brokers until March 31, 2025, to merge into (A) or (B) groups is a big deal— it’s a key first step toward a unified rate.
It’s like tidying up the messy backyard before the big party. Those small C firms often feed the parallel market (pushing rates to 1,480/1500 IQD/USD), so merging them into bigger, regulated A and B outfits could choke off that unofficial dollar flow.
It fits right with the IMF’s advice to boost dinar trades and Saleh’s point about official channels taking over. If they pull this off by March, it could set the stage for the CBI to announce one rate across Iraq.
