Iraq’s Gold & Dollar Reserves “Very Good” – Is the Economy Really Safe?
Iraqi MP Jamal Kochar says Iraq’s gold and foreign currency
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reserves remain “very good” and strong enough to protect the country from economic instability — even as gold prices surge past one million dinars per mithqal.
So what’s really happening?
Why are gold prices rising sharply in Iraq?
Is the dollar weakness affecting the dinar?
Are citizens hedging against uncertainty?
Are Iraq’s reserves truly strong enough to ensure stability?
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The skinny
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