Emergency Breaking News Update. IQD rate changed to 1300 to 1 dollar. Hold on the fat lady is NOT singing…the Iraqi dinar has been selling at 1470 dinars against the dollar before the New York Federal Reserve introduction tightening control on International dollar transactions. Yes, this is not what we were looking for…but this is excellent news for the Iraqi people. We knew there would be a rate change and we would not be happy with it. We also knew that we may need to wait for higher rate exchange to the US dollar…