Will Iraq go to Dollar Revaluation in Response to Oil Price CrashI

My FX Buddies · Apr 16, 2025 · 32m

Plunging Oil Prices Jeopardize Iraq’s Budget: Will the Government Resort to Dollar Revaluation?

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If you 'd like to support My FX Buddies: ⁠⁠https://buymeacoffee.com/tishwashGet a free transcript at https://rss.com/podcasts/myfxbuddies/Iraq is bracing for renewed economic turbulence as oil prices fall below the critical $65 per barrel mark—five dollars short of the benchmark adopted in the country’s federal budget. The slide in global crude markets threatens to erode the very foundation of Iraq’s oil-dependent economy, prompting speculation over potential fiscal and…