The Finance Minister uses the USD petro dollar to buy IQD from the CBI to pay for salaries etc.
There is a BIG domino effect that goes along with revalue or either devalue.
Over the years we have debated, argued, and highly contested the opinions of others on how the monetary change will be introduced.
The only thing we know for a fact is the “project to lift the 3 zeros” was given the green light this past spring AND the time for the optimum time for the 3 zeros to be lifted is at the start of the New Year.
Interesting week INDEED! Will you be seeing 67 cents… or $1… OR $3 plus…OR a ZONK!