Question: “What will a fair exchange rate be?” The government of Iraq wants it to be at least on par with the dollar, 1 to 1. If you have a million dinars, you have a million dollars. But you have to realize this is an RI. It’s not an RV…This is a reinstatement. So it’s possible that they may reinstate the value, which is $3.22 and then you have the float which will take $3.22 higher. :Frank26
