Article: “The government forms a higher committee to adapt Iraq banks to International financial requirements” What does that mean? It means the Iraq dinar is going to float internationally in international markets. But it’s at a program rate? No it’s not. But it has sanctions on the country? No it doesn’t. Wells Fargo says it’s on the OFAC list,
that it’s on the ‘bad currency’ list? No it’s not…That going international requires a new exchange rate. Yes it does.
