Nobody should be surprised by this Article: “Central Bank: Gold reserves reached 170 tons and the intention to remove he zeros from the dinar” Notice it doesn’t say remove the zeros from the exchange rate. It says remove the zeros from the dinar. Quote: “The central bank of Iraq raise his gold position from 90 tons to 170“ That’s an insane increase in gold holdings from 90 to 170. You’ve almost doubled the amount of gold…Here’s where everybody’s going to get bummed. Quote: “He stressed there is no intention to float the exchange rate of the Iraqi dinar.“ At the moment. In order for them to be on the Forex we all know the currency’s exchange rate must float. They’re saying here at the moment they have no intentions of floating the exchange rate.
