Article: “Decline of the dollar in Iraq” I thought it was an increase in the dollar in Iraq?! So which is it? …NOTICE THE 2%-3% PLUS OR MINUS FLUCTUATION… AND THAT’S BECAUSE IT IS DEPEGGING FROM THE USD. Today it went the other way. It fluctuated with the American dollar going down against the Iraqi dinar. Where as before it was going up against the Iraqi dinar, which is what we don’t want. The management of the exchange rate crisis by the Central Bank of Iraq is being well taken care of…IMO you will see this downward trend until the Iraqi dinar floats.
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