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Purchasing Power Restored? The Truth Behind Iraq’s Dollar Decline

The Iraqi dinar is regaining strength

Link to My FX Buddies Blog

— and with it, citizens are beginning to feel the impact in their purchasing power and daily expenses. According to Prime Minister’s financial advisor Mazhar Mohammed Saleh, the recent decline in the dollar exchange rate on Iraq’s parallel market reflects deeper reforms reshaping the economy.

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Why the dollar’s decline signals…

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