Intel Guru Frank26
The article titled “Al-Alaq: Stabilizing the exchange rate is a major process that requires changes to the commercial system and external transfer in Iraq” is a great piece of monetary reform education that is being made available to the citizens in large quantities. It emphasizes the need for changes in the commercial system and external transfer in Iraq to stabilize the exchange rate. If someone doubts the authenticity of this information, instead of punching them in the nose, share this article with them.
Newshound Guru Pimpy
In my opinion, if things continue to spiral out of control, there might be no other option but to repeat what has already been done. It’s important to note the Iraqi dinar’s value before it was devalued. At that time, you could get 1,190 dinars for every dollar. However, it later dropped to 1,450 dinars for every dollar, and then it got back up to 1,300 dinars for every dollar. If they take any action now, is it possible for them to bring the value back to where it started from, which was 1,190 dinars for every dollar? At this point, it seems nearly inevitable. [Post 2 of 2]
Newshound Guru Pimpy
It’s important to discuss the possibility of a reevaluation of the Iraqi dinar. As per an article, the value of the dollar is rapidly increasing in the market and registering at 162,000 dinars, which is a huge gap from the fixed rate of 1,320 dinars per dollar. This situation is causing inflation and affecting the economy, and cannot be allowed to continue. The last time such a gap was observed, Iraq was forced to increase the value of the dinar. Therefore, Iraq needs to take action soon to address this situation.[Post 1 of 2….stay tuned]
Newshound Guru Militia Man
It’s not just about the oil and gas law anymore, if you’ve been paying attention. It’s now called the oil, gas, and natural resources law. There are plans to expand it further, with the aim of ensuring that citizens can reap the benefits. This will be advantageous not only for politicians, but for everyone in the country.
Intel Guru Frank26
Report on the ground situation in Iraq: Firefly reports that Sudani has stated that the situation is now under control and stabilized. Frank explains that they have successfully achieved all their targets and are now at home base. Sudani also mentions that their efforts will continue until January 1st, 2024, with a focus on stabilizing the exchange rate.
Intel Guru RayRen98
Forex traders are being advised to monitor rate changes on Friday or Saturday. Time will tell if any changes occur.