The Iraqi dinar continues to weaken in the parallel market, ⁠ link to My FX Buddies Blog⁠ reaching 153,000 dinars per $100, while the Central Bank of Iraq says it is not responsible for the widening gap between the official and market exchange rates. In this update we break down: • Why the dollar is rising in the parallel market • The impact of the ASYCUDA customs system • Why traders are avoiding the official platform • 22 Iraqi banks barred from dollar transactions • The Oliver Wyman banking reform plan • Is this policy failure… or market evasion? Is the issue the dollar? If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ...