Article: “Economist Muhammad Hashem Helou confirmed that the central bank cannot float the dinar exchange rate.” We’ve seen a few articles over the last week openly talking about the types of regiments that are exchange rate oriented, whether it’s a fixed float or pegged etc. Saleh has spoken about it, he says it [floating] is dangerous …the environment would not be good so it wouldn’t be the best choice… Circumstances for the country of Iraq which is still primarily a rentier, which means oil based, it’s best to have a fixed exchange rate…
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