There will be a slight increase in the value of the American dollar inside of [Iraq] only because the CBI action conversion window has come to an end. That was the last place where the American dollar and dinar were being funneled out…illegally…to Iran. Therefore, when this auction window shuts down, there will be a gigantic panic…because the demand for the American dollar will explode…People in Iraq will panic and desperately look for it in any way possible, causing the value and the demand…to increase…But it’s a false supply and demand. I believe the CBI is preparing the Iraqi citizens so they are not shocked by this event just like they are preparing them to receive the lower denomination notes.
