In FRANK26 

The moment the Iraqi dinar inside of Iraq goes up in value because they have lifted the 3 zeros off their exchange rate…the Real Effective Exchange Rate will be applied to the Iraqi dinar externally…they are about to give the citizens of Iraq the new small category notes at a 1 to 1 rate for their currency…not only domestically but internationally …I think in about 8 month approximately give or take you will see not a 1 to 1 rate anymore…it walks toward the REER [Real Effective Exchange Rate].

Tags: /