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Podcast: My FX Buddies
Episode: Iraqi Dinar Devaluation Is Off the Table
Description: There are no plans to devalue the Iraqi dinar against the US dollar. link to My FX Buddies Blog The Iraqi government is setting the record straight — In this update, we break down the official statements from Prime Minister’s Economic Advisor Mazhar Mohammed Salih, explaining why Iraq’s strong foreign currency reserves, oil-backed economy, and long-standing exchange rate policies mean the dinar’s value is safe.Support My FX Buddies:https://cash.app/$tishwash... https://paypal.me/tishwash... We’ll cover:Why the Central Bank of Iraq is committed to a stable exchange rate.How oil revenues reinforce the dinar’s external value.Why devaluation is seen as a dangerous, inflationary move.What this means for investors, businesses, and everyday Iraqis.With global...