Article: “Al-Kazemi’s advisor clarifies a news published by the official media about the exchange rate change” Article: “The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing” These two articles are saying what we already know about the exchange rate…now it is setting the stage for the private sector. The private sector is massive.. Total is a French private company that had contracts that were torn up and rewrote in Dinar and not USD. They reduced the Dinar to 1460 years ago already and now it is time to go back to where it was in a previous era. 1190 IQD/1 USD is not a place in that equation. It doesn’t work in a market economy.
