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Monday Morning Opinion @ 10:25 AM CST - 12/20/2021


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Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... :twothumbs:RON 



** MilitiaMan  Article: "Saleh: The Central Bank Has A Comfortable Reserve That Helps It Impose Stability In Exchange RatesQuote: the monetary policy of the Central Bank of Iraq has today, a strong foreign reserve tool that can maintain the purchasing power of the Iraqi dinar and face inflationary expectations with a high capacity due to the surplus in the current account of the balance of payments.”  What Salih is telling us/them is that they have enough hard currency and foreign currencies to support and defend their exchange rate through open market operations with ease and flexibility. Key word is “OPEN”!!!. Meaning global markets... imo..! :twothumbs:




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