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A Fistful of Dinars: Demystifying Iraq's Dollar Auction episode artwork

EPISODE · Apr 20, 2024 · 39 MIN

A Fistful of Dinars: Demystifying Iraq's Dollar Auction

from My FX Buddies · host Tish Washington

A Fistful of Dinars: Demystifying Iraq's Dollar Auction link to My FX Buddies Blog The Central Bank of Iraq's (CBI) dollar auction has been a continuous source of controversies and conspiracy theories. The main accusations facing it include: the siphoning of dollars to Iran, money laundering, and currency smuggling. Missing from this melee is an understanding of the economy's key structural imbalances: mainly that the Iraqi economy is wholly dependent on oil export revenues, and demand for goods and services is met through imports handled by a largely informal private sector.

What this episode covers

A Fistful of Dinars: Demystifying Iraq's Dollar Auction link to My FX Buddies Blog The Central Bank of Iraq's (CBI) dollar auction has been a continuous source of controversies and conspiracy theories. The main accusations facing it include: the siphoning of dollars to Iran, money laundering, and currency smuggling. Missing from this melee is an understanding of the economy's key structural imbalances: mainly that the Iraqi economy is wholly dependent on oil export revenues, and demand for goods and services is met through imports handled by a largely informal private sector.

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A Fistful of Dinars: Demystifying Iraq's Dollar Auction

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This episode is 39 minutes long.

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This episode was published on April 20, 2024.

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A Fistful of Dinars: Demystifying Iraq's Dollar Auction link to My FX Buddies Blog The Central Bank of Iraq's (CBI) dollar auction has been a continuous source of controversies and conspiracy theories. The main accusations facing it include: the...

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