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Podcast: My FX Buddies
Episode: Iraq Must End Multiple Exchange Rates — They Won’t Hold if Oil Prices Crash 🔥
Description: Iraqi economist Adel Al-Dalfi is sounding the alarm: Iraq’s current system of multiple exchange rates is not built to withstand global market shocks — especially if oil prices fall again. link to My FX Buddies Blog In new analysis sent to Iraq Observer, he warns that Iraq is entering a sensitive economic stage, with public finances increasingly at risk due to:New oil supply returning from Venezuela, Iran, and RussiaPotential political breakthroughs that could flood global marketsA budget funded over 90% by oil, leaving Iraq exposedIf you'd like...