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Sun. AM KTFA News Articles from Iraq 1-14-24


KTFA Clare » January 14th, 2024Liberating the dinar from the official rate… Obstacles and solutions1/13/2024With the return of fluctuations in the dinar exchange rates, there is renewed talk about the necessity of getting rid of the “official price” with the aim of reducing the difference with the price in the parallel market, by subjecting the local currency to global supply and demand, similar to other countries But many obstacles stand in the way of this step, among them “ The unilateralism of the Iraqi economy, which relies on oil and government revenues, and the absence of correspondent banks in the…

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