MNT GOAT : "SWIFT AND THE US FEDERAL RESERVE PUT IRAQ AT THE DEBT AND IN GROSS DOMESTIC PRODUCT MERCY OF THE GLOBAL ECONOMY"

 MNT GOAT

"SWIFT AND THE US FEDERAL RESERVE PUT IRAQ AT THE DEBT AND IN GROSS DOMESTIC PRODUCT MERCY OF THE GLOBAL ECONOMY"

 "Iraq, over the past two years, has strongly entered the global economy by activating international bank transfers, subjecting banks to strict oversight, and opening channels with international banks, which has made it vulnerable to any

external economic change, whether in oil prices or financial and monetary policies."

 He pointed out that any breakthrough in the US-Iranian negotiations could open the door for Iraq to overcome some obstacles, especially those related to the sanctions imposed on the Central Bank.

 This could allow Baghdad to withdraw its funds freely, provide better access to dollars, and perhaps even restore the

exchange rate to 120,000 dinars for $100 (1200 dinars per dollar).

I hope everyone can see it too. I will explore this article in much more detail. This all comes at the price of dealing in a "global economy". Yes, moving out of a war-torn sanctioned economy. Don't we all want the IQD to go international?

..........Choo-Choo......