Article: “Governor of the Central Bank: IMF surprised Bamtlakena reserves exceed expectations”
Look at the big picture folks….this would not be the case for a country with a failed or failing economy, heading to a lop (redenomination).
Reserves have been growing for almost the entire time I’ve been following Iraq which is one of the pillars of why I’ve stayed!
It’s just a matter of time until the CBI moves to a market-driven floating rate for their dinar which will be a true representation of their economic landscape.
Not an IF…a WHEN.
