Kaperoni

Many outlets in Iraq are printing a news article today released from the Central Bank of Iraq stating that there is no intention to change the exchange rate and that if it does change, it’ll be based on the success of the economy…This type of article is exactly how monetary policy works. A country’s currency is never a random act. Only with the success growth of Iraq’s economy can the dinar go up in value and more than likely it’ll go up gradually over time.