Friday, July 18, 2025

FIREFLY: "Parallel Market Nears Official Rate — Iraq Edges Closer to 1:1 Dinar-Dollar"

  Frank26  

 [Iraq boots-on-the-ground report]  

 FIREFLY:Two days in a row the parallel market is at 1397.  That's great news.  The market...is so close to 1310.  We're headed in the right directio n...Saleh is back on TV talking about the great job the CBI has done and says our parallel market would have already been equal to the official exchange rate of the CBI if not for tensions in the region...

 FRANK:  Slowly but surely the black market is disappearing...As it disappears we approach the 1 to 1 relationship with the American dollar which will lead you into a float. 

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