Even before Husain came back into power the IQD was about 2.80 and all they had was oil. So saying they can’t just use oil to RV is not true. Point 2 the only reason the rate is what it’s at now is because the CBI took a program rate from the IMF. As for those who think the IMF is controlling the CBI they are flat out wrong. As some of those who know me on here, know I have spoken to the IMF and was told flat out that the currency rate of any country is in the hands of that county’s central Bank. The IQD was never traded by Banks in its history. Things can change on a dime and as with anything could be for good or bad. I am in it to win it. As always we wait.

    |   Category: Sergio