Want to create an interactive transcript for this episode?
Podcast: My FX Buddies
Episode: More Discussion of an expected Rate Change in the Iraqi Dinar
Description: Read the full article and more at https://myfxbuddies.blogspot.com/2021/01/saturday-edition-wots-extra-jan-30-21.html
Experts: Changing the exchange rate means re-preparing the budget completely
link
In conjunction with the demands of some parliamentarians to raise the price of zero dinars against the dollar, economists stressed the difficulty of moving forward with this step, as it would mean a complete re-preparation of the budget.
Economists added that again manipulating the exchange rate of the Iraqi dinar will affect public revenues as well as exacerbate the deficit, stressing that changing the exchange rate...