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Dinar Stability Ahead? Iraq Targets Speculative Trading

Iraq’s currency market has seen renewed movement,

link to My FX Buddies Blog

fueled by cross-border speculative trading and small commercial activity. According to Prime Minister Mohammed Shia al-Sudani’s financial advisor, Mazhar Mohammed Saleh, the parallel dollar market has thrived on lower bureaucracy, quicker trades, and looser enforcement — but major reforms are on the horizon.

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