[via PDK] “Central Bank of Iraq auctions more than 138 million in foreign reserves today“ Why do I bring this up? The transactions were made in a 1460 dinar to one dollar. This is the official rate according to the CBI and forex right now. There is a “parallel market” on the streets. Venders and the ISX-Iraqi stock exchange are different then what the CBI presents to the world…. This is our first hints that Iraq is pushing towards a float…at least internally.
MarkZ
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