Article: “A specialist points out the reasons for the noticeable decline of the dollar in Iraq: It will reach the official price” We have been told inflation has been contained to about 3.7% and the Iraqi dinar has ample cover with over 15 months worth of imports over the standard or more typical 3 months. They have increased gold by about 43 tonnes. They have a new ASYCUDA system for oil and non-oil revenue streams. A real effective exchange rate will be an additional tool to curb the illegal parallel market and quickly imo.
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