Pimpy

Article:  “Parliamentary finance suggests when the dollar price will stabilize at the official price”  As much as they talk about this in the news there’s obviously still some concern about the exchange rate of the Iraqi dinar.  The difference between the official rate and the parallel rate is slightly off but it could be a lot closer.  There’s still enough margin…that the “bad guys” can still make a pretty good profit if you’re dealing with large amounts of dinars verses dollars…what they’re predicting is once the budget is approved and implemented then you’ll see the official rate and the parallel rate equal out…