Thursday, June 26, 2025

TIDBIT FROM KAPERONI

  Kaperoni 

 There is no significant RV of the Iraqi dinar.  A currency value can definitely go up, but its value is the result of an increase in economic success and GDP

 Iraq has been working over the last several years to reintegrate its banking system in the global financial system. 

Such steps will encourage investment, rebuilding of infrastructure, diversifying revenue away from oil.  This is how an economy prospers.