Just thinking…
the value of a currency unless under some sanction as the UN put on Iraq, follows the value of the resources of the sovereign nation.
I’m not sure how the banks having to be restored interacts with the value of a currency…availability yes, but not sure about value.
The trade markets and all the taxation, tariffs, taxes, etc, determine the monetary value of the currency…
if the currency is internationally accepted, the changes in international values happen in the market place, not because some one if afraid something bad might happen.
The US $ changes value several times a day as do all world currency trading markets. currency traders move billions of currency every day.
So I personally imo think that after the UN sanctions were satisfied, the currency should by economic principal have reached the international trading value.
