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Podcast: My FX Buddies
Episode: Reluctance to buy and a decrease in sales ... the "dollar jump" did it financially to benefit and reaped the opposite payoff
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Market Review: "Stock Market Rallies on Currency Devaluation"
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this gives a nice little history of the dinar imo
For Iraq and its equity market the year ended the same way it began, with a bang that is much louder than its effect.
The official IQD exchange rate versus the USD was reset from 1,190 to the new USD rate of 1,460 on December 20th - or a de facto devaluation of 22.7%.
The IQD's parallel...