Frank26  

[Iraq boots-on-the-ground report]   FIREFLY:  The news has that specialist…talking about the best way to fill in the gap for the dinar and the dollar (illegal market).  He’s telling us the best thing for it to do this is to float…Saleh now talking saying the CBI is the only one that can control this needed float.  FRANK:  They’re going to float your currency because with a float they can come out at a higher rate than 1 to 1…this is a reinstatement of your exchange rate…The fact that they’re talking about floating all day long…is because this is the next step in the monetary reform.  Once they give you the new exchange rate and your new currency seconds later your currency will start to float…on international platforms