Thursday, May 1, 2025

MNT GOAT: "THE RISE IN THE VALUE OF THE NATIONAL CURRENCY HAS LOCAL AND INTERNATIONAL CAUSES"

 MNT GOAT

"THE RISE IN THE VALUE OF THE NATIONAL CURRENCY HAS LOCAL AND INTERNATIONAL CAUSES"

 "The Iraqi dinar's exchange rate against the US dollar has witnessed a significant improvement over the current period, supported by a number of internal and external factors. 

Most notably, the country's large financial reserves, the prudent monetary policies pursued by the Central Bank of Iraq, and signs of a thaw in US-Iranian relations have

combined to boost the value of the national currency. Deputy Governor of the Central Bank of Iraq, Dr. Ammar Hamad, said that the improvement in the Iraqi dinar's exchange rate against the dollar in local markets is due to the central

bank's recent policy.

CHoo

It's happening......

dalse choo chee! The pressure is going to force a new rate to

come out. It's not "if" but "when". Let's explore this in more detail in today's news.

Their words not mine.....

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