This isn’t speculation. This is what the documents and data show…The Iraqi people have stopped buying and the shop owners are complaining about the currency devaluation… This devaluation allows the Iraqi government to receive more dinars for every dollar it earns from oil sales…Iraq’s [government] lifestyle is akin to that of expats (a person who lives outside their native country), Iraq earns in US dollars and spends in the Iraqi dinar. The CBI stated goals are to maintain price stability, meet the legitimate demand for dollars and advance banking reforms…The CBI’s plan is not about a sudden windfall for foreign currency holders. : Sandy Ingram
