Iraq’s Central Bank is making bold moves — My FX Buddies Blog
increasing gold reserves to 170 tons and preparing to remove zeros from the dinar.
But is this true reform or just a cosmetic fix?
Deputy Governor Ammar Khalaf says the goal is to reduce costs, improve circulation, and modernize Iraq’s financial system — yet economists warn of potential risks if timing and communication aren’t handled carefully.
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In this episode, we break down:
🇮🇶 Why Iraq’s gold reserves matter now more than ever
💵 What “removing zeros” really means for the dinar
📉 Lessons from Turkey, Ghana, and Zimbabwe
🏦 The Central Bank’s long game for digital transformation and economic credibility
💬 Expert insight from Ahmed Al-Tamimi on whether Iraq can pull this off successfully
👉 Stay tuned to find out if Iraq’s financial reform is the start of a new era — or a dangerous gamble with the dinar.
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