Central Bank: The issuance of new monetary denominations will not affect the dinar exchange rate

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This episode is 37 minutes long.

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This episode was published on May 28, 2024.

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from My FX Buddies · host Tish Washington

Central Bank: The issuance of new monetary denominations will not affect the dinar exchange rate link to My FX Buddies Blog 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 affect the exchange rate of the Iraqi dinar."

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Central Bank: The issuance of new monetary denominations will not affect the dinar exchange rate

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