The dollar market is on “one leg” S4|E:147

The dollar market is on “one leg”.. A new mechanism and the exchange rate is threatened!
⁠link⁠ to My FX Buddies Blog https://www.myfxbuddies.com/2024/12/the-dollar-market-is-on-one-leg.html

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The Central Bank of Iraq is preparing to stop dealing with the electronic platform for dollar transfers abroad, at a time when experts have warned against raising the exchange rate to a higher level in light of the news circulating about this.
The electronic platform was launched in early 2023, and it represents a system for auditing dollar transfers before they are executed, instead of the audit that the US Federal Reserve used to conduct after execution.