I was talking to one of my contacts who lives in Iraq asking him how’s everything going in Iraq?
Are the citizens mad about the devaluation?
Here’s what he said: There’s a lot of discomfort. The government has ended the customs duty on imported food products which reduced the goods prices which helped control the markets…The Central Bank said they will reduce the unofficial exchange rate more to get closer to the official. The zero deletion is still standing but with ambiguous date because they don’t want to give chance to the corruption officials to exchange the money. : Stephen
