Let me explain why reducing the number of dinars in circulation is good news for IQD investors. The Central Bank of Iraq just confirmed…there are fewer Iraqi dinars circulating in the economy than before…Iraq is tightening the money supply. That matters a lot for the value of the dinar. 1] When too much money is circulating, prices rise because money loses value. By pulling dinars out of circulation, the central bank is doing the opposite. It is protecting purchasing power. Lower inflation is one of the most important signals to International investors and financial institutions look for. 2] …Currencies gain strength when supply is controlled. Reducing dinars…creates the conditions needed for a stronger currency. [Post 1 of 2….stay tuned]
