What’s going to happen to the Iraqi dinar? Once it reaches an acceptable rate by foreign currency holders such as us, then you’re going to flood the market with Iraqi dinars aren’t you? Yes you will. If it gets anywhere near $0.25 per dinar, $0.50, a dollar, anywhere near there, people are going to start cashing Iraqi dinar in right away and you’re going to flood the market because now there’s going to be more dinars out there in the market flooding them, causing the value of the Iraqi dinar to drop. So IMO Iraq is not currently ready to have a floating IQD.
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