Iraq has taken the necessary steps to strengthen the Iraqi dinar. We know there’s restrictions on the amount of money Iraq is receiving from the US. But doing that has put the pressure on parallel market because they don’t have enough dollars to trade...on the black market …causing companies to have to use the official exchange rate instead of trying to be sneaky on the parallel market. That means they have a stronger Iraqi dinar… Because of that they have more purchasing power... This is why I think as time goes on you’re going to see the Iraqi dinar go up in increments.
