[via PDK] Article: “Meet the Secret Operations Room that monitors the pulse of the Iraqi Economy and protects the dinar from fluctuations” this should have you folks dancing… Quote: “experts believe Iraq is nearing the end of their “forced stabilization” (In other words -pegged). When you end forced stabilization you go to a “managed” float and a “free market currency” …Some believe Iraq will enter a new phase and they expect a direct announcement of the appreciation of the dinar and paves the way for a more stable and transparent situation in the exchange market .” Guys, they are telling us that we are about to see them go from a managed (pegged or stuck) rate to a free floating rate.
