Jeff

A lot of people might think the rate change itself brings a lot of money into Iraq.  That’s not the case.  A rate change brings no profit into Iraq.  All that the rate change does is get rid of larger currency notes with…zeros and increases the purchasing power to small currency notes.  That’s all it does.  It doesn’t…magically bring money into the country…It does a lot more for their economy.  It creates jobs and economic diversification.  It does a lot of powerful things but it’s not going to give the country of Iraq more money when they do this. :Jeff