IMF Explains Iraq's Exchange Rate Arrangement

IMF Explains Iraq's Exchange Rate Arrangementlink to My FX Buddies Blog"Effective February 8, 2023, the official exchange rate was set at ID 1,320 according to the closing prices of the daily bulletin of gold & main currencies published on the CBI website (www.cbi.iq).Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠https://paypal.me/tishwash⁠a free transcript at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies/...⁠."There has been a change to Iraq's exchange system since the last Article IV Consultation. Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any restrictions under this provision. Iraq does not maintain any current account exchange restrictions or MCPs [Managed Currency Pegs]. Starting January 2025, all international transactions have been routed through commercial banks via their correspondent banking relationships (CBRs).Like Subscribe and hit the bell to make sure you catch every episode✨ It’s Not Too Late to Make 2025 Your Year Feeling behind? Unmotivated? Not sure where to start? You’re not alone — and this audio guide can help you move forward with purpose.🎧 Listen to Relaunch Your 2025 Vision now → ⁠⁠⁠https://buymeacoffee.com/tishwash/e/4..⁠⁠.