[I’m 100% convinced] the Iraq dinar is undervalued. Remember Iraq’s currency at $3.22 20 years ago was based off oil. It’s not taking into consideration…$16 trillion worth of natural resources… phosphates, sulfur, gold, all those things…All that packs in on top of the real effective exchange rate. [20 years ago] the real effective exchange rate was at [$3.22]. So it supports the fact they can support this even under the circumstances…
