Why Iraq’s Exchange Rate Is Not Changing (Official Warning)
from My FX Buddies Hosted by Tish Washington
The Central Bank of Iraq has issued a clear and powerful link to My FX Buddies Blog warning: there is absolutely no intention to change the official exchange rate. If you'd like to Support the channel: https://cash.app/$tishwash... https://paypal.me/tishwash... a FREE transcript at: https://rss.com/podcasts/myfxbuddies....So where are all these dollar rumors coming from? According to the CBI, certain groups are spreading false news to stir confusion and manipulate the parallel market, hoping to profit from volatility. 🇮🇶 1. No Plan to Change the Exchange Rate The Central Bank’s stance is firm: ✔ No study ✔ No proposal ✔ No intention ✔ No justification 🇮🇶 2. Rumors Are a Tool for Speculators Parties “fishing in troubled waters” use fake news to push the parallel market higher while the official rate remains stable. 🇮🇶 3. Inflation Is at Historic Lows — Even Negative According to the IMF and World Bank, Iraq’s inflation rate is among the lowest in the region — a major achievement for monetary policy. 🇮🇶 4. Foreign Trade is Flowing Smoothly The Central Bank continues to supply foreign currency for: – trade – travel – imports – business operations And it’s diversifying with yuan, dirhams, and lira to reduce dollar dependence. 🇮🇶 5. Parallel Market Price Does NOT Reflect Real Dollar Demand Most demand in the parallel market is NOT real — it’s illegal speculation. Legitimate dollar needs are fully covered by the Central Bank. 🇮🇶 6. Exchange Rate Authority Belongs ONLY to the Central Bank By law (Article 56 of 2004), only the CBI can change the exchange rate — not commentators, not influencers, not politicians. Iraq’s exchange rate is stable — and rumors are designed to mislead the public. 🔥 Key Facts from the Article: The message is crystal clear:Iraq’s exchange rate is stable — and rumors are designed to mislead the public.✨ Reset Naturally — Grab the Holiday Helper Plan 🎁https://buymeacoffee.com/tishwash/e/4... #iqd #iraqidinar #IraqiDinarNews
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