Perplexity AI report: “The Iraqi dinar (IQD) currently operates under a fixed exchange rate system, with its value set and controlled by the Central Bank of Iraq (CBI)…the currency does not freely float on global forex markets…There is no official indication that Iraq plans to switch to a floating rate in the immediate future.” There is a continuing debate about the IQD at a fixed rate or a float. My personal belief is that a fixed rate is necessary at the beginning of the Iraqi renaissance because many things need to be controlled…
