Dinar Updates

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Q: [Have you completely ruled out a Float of some sort… maybe not starting at 1190… but at a higher figure?]
wmawhite: IMO, even if it was to start to float, would it not start to be exchanged/bought/sold at a true value…not an artificial value…and [does] the world believe that the true value is much greater than 1166 or whatever.
Q: […when I first started in this the rate was 1170, then they moved it to 1166… now its 1182? for an APR rate, it sure is moving around.]
wmawhite: The term “rate” is not a true description. The IQD has a buy/sell value given to it by the IMF for use inside of Iraq. We are waiting on an exchange rate to be given to it.

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