ronscarpa Posted November 22, 2022 Report Share Posted November 22, 2022 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...so, take everything with a grain of salt... RON *** Sandy Ingram Article: "30% trading volume increase in Iraq Stock Exchange in October 2022" The banking sector experienced the highest share in trading at 46.9%...companies distributed dividends during October, the commercial bank of Iraq with a dividend yield of 18.4%, the Bank of Baghdad...3.6%... *** Kaperoni Remember, Iraq Imports nearly everything and until they build a diverse market economy that is manufacturing, agriculture, they will not be self-sufficient. This is critical. *** Pimpy [Q? : Does it benefit Iraq to have a higher exchange rate?] No, not right now. They have to rebuild. They have to rebuild their private sectors. They have to rebuild their public sectors. They have infrastructure...The cheaper currency gives them an advantage but we also know a cheaper currency affects...poor people and creates more poverty. As the economy strengthens, the infrastructure strengthens, stability is there..you can see them increasing the value of their currency. 1 3 1 Quote Link to comment Share on other sites More sharing options...
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