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Iraq May Be Forced to Change the Dinar Rate – MP Jamal Kochar Warns

Iraq May Be Forced to Change the Dinar Rate – MP Jamal Kochar Warns

Season 6 Episode 32 Published 8 months, 2 weeks ago
Description

Iraqi parliamentarian Jamal Kochar warns that Iraq is facing a link to My FX Buddies Blog⁠ serious cash crisis that could eventually force the government to adjust the value of the Iraqi dinar against the US dollar. Despite Iraq holding over $108 billion in currency reserves, Kochar explains that poor budget planning and falling oil prices have created a real liquidity problem. If the situation continues, he says one of the most dangerous options on the table could be changing the Iraqi dinar exchange rate.

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⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠. ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠. ⁠ In this video, we break down: Why Iraq has reserves but no cash The impact of the three-year budget What “adjusting the dinar” really means Who would pay the price if it happens 📌 This is a must-watch for anyone following Iraq’s economy, currency reform, and financial future. DINAR UNDER PRESSURE Thanks for Watching! Following Iraq’s Story — Don’t Give Up

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