Iraq’s Imports Surge. But What’s the Dinar Doing?
Iraq just locked in $1.1 billion in imports from Turkey; ranking 5th globally. That’s not small change. It’s a major signal: Iraq is still a serious player in regional trade. But before you cheer for the dinar…
Oil’s hovering at $66.60
White goods imports are slipping due to Chinese competition
IQD is still pinned, not climbing
Here’s the truth most won’t say: Trade volume doesn’t mean strength; unless it's paired with strategy.
Iraq is importing like a developed economy. But it’s not exporting like one. And that imbalance? It hits the dinar harder than you think.
Meanwhile, Turkey wins on margins. Iraq gets goods. But what does Baghdad get if oil dips below $65?
For IQD holders: watch the price per barrel; not the size of the shipment.
For VND holders: this isn’t your headline. But remember; global trade works like a chain. When one link shakes, all feel the tension.
Are you betting on volume?
Or on value?
Because in this economy, only one holds.