Letter to the Iraqi Central Bank

My FX Buddies · Feb 19, 2021 · 14m

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To the executive branch to the Central Bank of Iraq

link

Proposing the

need to amend the exchange rate of the Iraqi dinar towards the US dollar

1 - The devaluation of the national currency of the Iraqi dinar in favor of the US dollar and making the exchange rate of the dinar against the US dollar at 1450 is an unfair, ill-considered and urgent exchange rate, which is against the interest of the Iraqi people and economy, and that the first beneficiaries of that are regional and international…