Clare – Dinar Guru Article: “The controversy surrounding changing the exchange rate in Iraq: 3 factors hindering the implementation of the move” Quote: “1. No need for cash:…according to monetary policy indicators (the size of foreign reserves, inflation rates, and monetary cover), there is no urgent need to adjust the exchange rate at present, indicating that the Central Bank, as the competent sectoral authority, does not see any justification for this step. Al-Ubaidi pointed out that the crisis Iraq is suffering from is primarily a financial crisis resulting from inflated public spending and a shortage of non-oil revenues, and not a “monetary” crisis… [Post 1 of 2]