Iraq wanted to de-dollarize. They start de-dollarizing in January but it didn’t work for them too much. The government didn’t expect that to happen even by telling them that the dinar are stronger…use the dinar instead of the dollar for the benefits of the country. They tried everything. Now, they said that plan didn’t work so they come out to the new white paper…They realized they cannot do nothing without changing the exchange rate. [Post 1 of 2….stay tuned]
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