Ariel
@Prolotario1
To Iraqi Dinar Investors: You Need To Read This
Blast From The Past
Atlantic Council | Front PageIraq’s Prime Minister on building a stronger relationship with the United States
Live Broadcast April 19 2024 at 2:30 PM ET
Question: Is the Iraqi government thinking of revaluing the value of Dinar due to the current circumstances in the market?
Or do you see it to stay the same?
Prime Minister Al Sudani’s Response:
This policy is actually dictated by the Central Bank. The government abides by the decision of the Central Bank. Iraq is in the best status we could be in. We have actually had an assessment which has given much trust to higher global parties. So we started reforms when it comes to the banking sector. We have spoken about this before, but this is actually going to raise the level of the value of Iraqi Dinar. There is a consistent policy the Central Bank is using when it comes to investments and how they invest the money for our own reserves here in Iraq.
Did You See The Main Sentence?
“We have spoken about this before, but this is actually going to raise the level of the value of Iraqi Dinar.” End Quote
What did you learn here?
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Who is in charge of the rate change?
Who will ultimately pull the trigger?
What is currently happening with the USD?
What is currently happening with silver?
What is currently happening with the digital currency in Iraq?
What is currently happening with RLUSD?
What is currently happening with Iran?
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All of these things are bringing you the revaluation in their respective fields.
Source(s):
https://x.com/Prolotario1/status/2023087581584326924
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