Saturday, March 15, 2025

MNT GOAT: "RAMADAN REVIVES THE IRAQI DINAR AND OFFICIAL EXPECTATIONS OF A CONTINUED DECLINE IN THE DOLLAR", 15 MARCH

 MNT GOAT

"RAMADAN REVIVES THE IRAQI DINAR AND OFFICIAL EXPECTATIONS OF A CONTINUED DECLINE IN THE DOLLAR"

 The exchange rate of the US dollar in the parallel market in Iraq declined significantly during the first and second weeks of Ramadan, recording 1,480 dinars per

dollar, or less than that, from 1,520 dinars before the beginning of the month. The decline is due to several factors, most notably the strict measures taken by the Central Bank of Iraq to control imports and electronic money transfers, in addition to the decline in

economic activities of the Iraqi citizen during the month of Ramadan.

"strict measures" My advice today is just stay focused and do not give up. Listen to reality not fake news. We have to watch this RV Saga all play out.

Choo-Choo! Enough said....

Their words not mine.....

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