rcookie

[I thought the auctions were set up to get the USD off the streets?]
THE AUCTIONS ARE TO ALLOW IRAQ THE ABILITY TO CONDUCT BUSINESS AND TRADE AND PAY FOR THE GOODS AND SERVICES AND HAVE AN ACCEPTED CURRENCY TO PAY VENDORS WITH AND NOT BE ANNIHILATED BY LACK OF VALUE AND HAVING TO PAY A THOUSAND TIMES MORE FOR THOSE GOODS IN THE PROCESS
ADDITIONALLY…CITIZENS TRAVELING ABROAD…STUDENTS …OR PEOPLE RECEIVING MEDICAL TREATMENTS…THAT NEED TO HAVE A RECOGNIZED ACCEPTED CURRENCY WITH THEM ARE ALLOWED TO TAKE…BUT WITH CAP RESTRICTIONS.