Thursday, June 12, 2025

TIDBIT FROM SANDY INGRAM

  Sandy Ingram  

 Iraq is on the Forex market... but not in the same way as major global currencies like the US dollar, Euro or British pound. 

 The IQD is not freely convertible internationally. 

 You can't walk into a bank or forex platform in the United States or Europe and easily trade IQD.  Most major Forex brokers do not list the Iraqi dinar for retail trading because it is a non-convertible restricted currency.  Its trading is confined mainly to inside Iraq or in niche physical currency exchanges abroad, often for speculative purposes.

WHEN WILL DOLLAR SHIPMENTS ARRIVE IN BAGHDAD? WASHINGTON IGNORES THE CENTRAL BANK, WHILE AL-ZIDI PRIORITIZES IT

 In my view, the government of Al-Zaydi has a key opportunity to rethink Iraq’s economic model and seriously consider proposals that strengt...