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What economic logic explains the shabby currency behind which there are 6 strengths?... Mahdi Al-Bannai
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What economic logic explains the shabby currency behind which there are 6 strengths?... Mahdi Al-https://alrafidain.news/News/8328533/%D8%A3%D9%8A-%D9%85%D9%86%D8%B7%D9%82-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A-%D9%8A%D9%81%D8%B3%D8%B1-%D8%B1%D8%AB%D8%A7%D8%AB%D8%A9-%D8%B9%D9%85%D9%84%D8%A9-%D9%88%D8%B1%D8%A7%D8%A4%D9%87%D8%A7-6-%D9%86%D9%82%D8%A7%D8%B7-%D9%82%D9%88%D8%A9%D8%9F..-%D9%85%D9%87%D8%AF%D9%8A-%D8%A7%D9%84%D8%A8%D9%86%D8%A7%D9%8A
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What economic logic explains the shabby currency behind which there are 6 strengths?... Mahdi Al-https://alrafidain.news/News/8328533/%D8%A3%D9%8A-%D9%85%D9%86%D8%B7%D9%82-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A-%D9%8A%D9%81%D8%B3%D8%B1-%D8%B1%D8%AB%D8%A7%D8%AB%D8%A9-%D8%B9%D9%85%D9%84%D8%A9-%D9%88%D8%B1%D8%A7%D8%A4%D9%87%D8%A7-6-%D9%86%D9%82%D8%A7%D8%B7-%D9%82%D9%88%D8%A9%D8%9F..-%D9%85%D9%87%D8%AF%D9%8A-%D8%A7%D9%84%D8%A8%D9%86%D8%A7%D9%8A
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Dr. Mahdi Al-Bannai wrote:
What economic logic can accept or explain the weakness, volatility, and legacy of a currency behind it:
The fifth largest proven oil reserves in the world, amounting to 140 billion barrels!
Foreign exchange reserves amounted to approximately 100 billion dollars!
- Gold stock amounted to 130 tons!
– His reserve covers his imports for a period of 22 months, while the global standard covers only three months!
His reserve covers five times his entire external indebtedness, while the criterion is that it is sufficient to cover the installments due for a period of 12 months only!
– His reserves cover 150% of the issued cash, while the criterion is that the reserves cover 5 – 20% of the issued cash, according to the exchange rate system in place!
With all these (supposed) strengths, we do not even see the Iraqi dinar included in the list of currency exchanges in exchange offices in neighboring countries!!
Something is wrong!...or things!!
[You must be registered and logged in to see this image.]Dr. Mahdi Al-Bannai
Dr. Mahdi Al-Bannai wrote:
What economic logic can accept or explain the weakness, volatility, and legacy of a currency behind it:
The fifth largest proven oil reserves in the world, amounting to 140 billion barrels!
Foreign exchange reserves amounted to approximately 100 billion dollars!
- Gold stock amounted to 130 tons!
– His reserve covers his imports for a period of 22 months, while the global standard covers only three months!
His reserve covers five times his entire external indebtedness, while the criterion is that it is sufficient to cover the installments due for a period of 12 months only!
– His reserves cover 150% of the issued cash, while the criterion is that the reserves cover 5 – 20% of the issued cash, according to the exchange rate system in place!
With all these (supposed) strengths, we do not even see the Iraqi dinar included in the list of currency exchanges in exchange offices in neighboring countries!!
Something is wrong!...or things!!
[You must be registered and logged in to see this image.]Dr. Mahdi Al-Bannai
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