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wmawhite  As of December 2015 this is where Iraq is. This is from the IMF:
The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions.
Do you think that the IMF is so un-informed that when they made this announcement that they did not know about Iran nor the forecast for oil prices?   …IMO, all is very well.
As I posted, the IMF has informed the world exactly where Iraq is with their move towards Article 8 and the markets.

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