Sandy Ingram

Major news coming out of Iraq.  Article:  “Iraq to restrict all internal trade to dinars form next year”  This move aims to help control the black market exchange rate.  The policy will stop transactions from being conducted in U.S. dollars was announced following a meeting between the central bank governor and representatives of private banks…the US Federal Reserve has agreed to this change…These actions are seen as a positive step in building up the strength of the Iraqi dinar…