Jeff

  In Jeff 

Iraq really doesn’t have a lot left to do… devaluing the currency was at the request of the World bank and the IMF. It was a preparation step for them to reduce the physical note count in the county of Iraq and they are also injecting US dollars at this time. That way when the rate does change the citizens will have to turn in their US dollars in exchange for dinar. This is just steps for when the rate does change. Right now you are in the season for the rate change.