Iraqi PM Predicts Iraqi Dinar Value

Published: May 10, 2023, 5:46 a.m.

\nIraqi PM Predicts Iraqi Dinar Value\n\nlink to see this article and more go to: My FX Buddies Blog

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The Prime Minister of Iraq, Mr. Mohammed S. Al-Sudani (pictured), has said the he anticipates the exchange rate between the Iraqi dinar and the US dollar will stabilize at the official rate of 1,320 IQD.

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Speaking at the\xa0Iraq Forum for Stability and Prosperity\xa0in Baghdad last week, he also said that Iraq's current financial situation is the best it has been in recent years.

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He added that illicit trading through the Foreign Currency Selling Window was prevalent until the introduction of the electronic platform, which effectively stopped it.

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