Dinar Confidence Rising — Thanks to Strong Central Bank Reserves

Iraq’s financial foundation is stronger than ever.

My FX Buddies Blog

Prime Minister’s financial advisor Mazhar Mohammed Saleh confirmed that the Central Bank of Iraq’s foreign reserves provide exceptional stability for the national currency — the dinar.

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https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠....In this episode, we explore:

• Why Iraq’s reserves can finance 12 months of imports, compared to the global standard of only 3.

• How the Central Bank’s diversified currency portfolio boosts efficiency and trust.

• The role of oil revenues in building and sustaining these strategic reserves.

• How Iraq’s official exchange rate of 1,320 dinars per dollar supports stability.

• Why inflation is below 3%, keeping prices steady for citizens.

• What this all means for the strength and future of the Iraqi dinar.

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💬 Comment below: Do you think strong reserves are enough to secure Iraq’s long-term economic stability?
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