The monetary reform is secured by the reserves. The reserves that back up the currency is the control that the CBI and Saleh is talking about when he says we have a strong exchange rate at 1320 because he can control it and he can change it at any time he wants. He’s not just talking about what they know they have…the billions and billions of dinar that were brought back but it also includes all the tapped sources and untapped sources, gold, phosphate, oil, diamonds, etc etc, each one of these categories alone can support the monetary reform.
