Ramadan revives the Iraqi dinar and official expectations of a continued decline in the dollar
- Author
- Tish Washington
- Published
- Wed 12 Mar 2025
- Episode Link
- https://podcasters.spotify.com/pod/show/tish-washington8/episodes/Ramadan-revives-the-Iraqi-dinar-and-official-expectations-of-a-continued-decline-in-the-dollar-e3021q9
Ramadan revives the Iraqi dinar and official expectations of a continued decline in the dollarlink to My FX Buddies Blog
If you 'd like to support My FX Buddies: https://buymeacoffee.com/tishwashThe decline is due to several factors, most notably the strict measures taken by the Central Bank of Iraq to control imports and electronic money transfers, in addition to the decline in economic activities of the Iraqi citizen during the month of Ramadan.
"strict measures"
Government advisor Alaa Al-Fahd says the decline in the dollar price in the parallel market is due to the Central Bank’s implementation of strict measures aimed at controlling imports and electronic money transfers.
