Frank26

Inside Iraq a dinar is a dinar.  But what happens when the dinar floats at 1 to 1 with the American dollar?  People start to use it.  They start to buy with it.  They start to trade with it.  Start to sell with it.  The value on international markets for that currency starts to go up…Do you think the goal is for it to stay at 1 to 1? The goal of the CBI is to float the Iraqi dinar to add value to their currency for the purchasing power of their citizens…their goal is REER.  Nothing less.