The central bank had minimal requirements in order for the rate change to move forward. Article from 10-2014 “Iraq dinar revaluation postponed by central bank for 5 years…” What they’re saying in this, due to political corruption and instability they are not ready to revalue their currency…that’s what they accomplished yesterday by completing the formation of their government. Now that the government is done they have met the central banks qualifications to revalue the currency…
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