firefly: IMF stated Iraq will enter the Global Market in the 1st half of 2016. Not my words but theirs. They IMO would need an international tradeable rate I would think.
rcookie: The IMF did make the statement that Iraq will enter the world market 1st part of 2016… So ask yourself…What does Iraq have to export from agriculture or manufacturing?
NOTHING IS THE ANSWER!
So again, why announce Iraq to the world market? The only reason can be to exchange their currency for foreign currency to purchase imported goods.
None of that means our 3 zero notes will be worth more money. WE only hope that it will be worth big returns on exchange.
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