MarkZ

[via PDK]   …coming out today “Officially-Iran is offering the Iraqi dinar in its local banks”   The Iraqi dinar is a “preferred currency” in the region. This is huge news. I hope you can grasp how huge this news is. Traditionally the Iraqi dinar has been an unstable currency. Why would you want to use that currency in your local markets unless it was going to become a “reserve status” ?  In other words it’s out there along with the US dollar . This is a huge piece of news. They are officially using it and offering it through their central banks in Iran. This to me is a clear indication the Iraqi dinar is about to become a regional powerhouse and a banking anchor in the middle east.