Question: “Do they have to have a fully formed completed government to change the rate?” That’s questionable. While the government is in a forming state, they’re considered a ‘caretaker’. They have very limited access to Iraq funds and monies…The Central Bank can change the value of the currency whenever they want. Why? Because the central bank is autonomous separate from the physical government…Do they have to have a formed completed government before the rate can change? We have no way of verifying that.
