Reluctance to buy and a decrease in sales ... the "dollar jump" did it financially to benefit and reaped the opposite payoff
You will have to go to blogsite posted below to see the full article.
Market Review: "Stock Market Rallies on Currency Devaluation"
link
this gives a nice little history of the dinar imo
For Iraq and its equity market the year ended the same way it began, with a bang that is much louder than its effect.
The official IQD exchange rate versus the USD was reset from 1,190 to the new USD rate of 1,460 on December 20th - or a de facto devaluation of 22.7%.
The IQD's parallel market's FX price increased throughout the year, from about 1,203 at the start of 2020, reflecting several factors. Starting…
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