The Port of Ceyhan route is highly important right now and the current Hormuz pressure is accelerating recognition of its value because of Hormuz. Iraq is benefiting from it. This doesn’t mean an immediate transformation move on the dinar REER. It doesn’t mean it’s going to happen today…But it materially strengthens the fundamentals towards export resilience, non-oil revenue potential and prudent management credentials. Iraq is showing the deeper global financial integration is still moving forward. I like it. It’s stead. It’s uplifting data to consider. :Militia Man
