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Podcast: My FX Buddies
Episode: Central Bank: The issuance of new monetary denominations will not affect the dinar exchange rate
Description: Central Bank: The issuance of new monetary denominations will not affect the dinar exchange rate
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Brehi told Al-Ma’louma, “Issuing rumors on social media sites about the issuance of new monetary denominations aims to create a state of confusion in the Iraqi market.”
He added, "The Central Bank of Iraq is working according to well-studied plans, and there is no intention to issue new currencies in large or small denominations."
He explained, "If we assume that the central bank issues a new currency, this will not affec...