Auctions are now only needed for the government of Iraq because oil sales in USDs are done in USD. Then they are converted to IQDs because they are phasing out the dollar. This equals phasing out the auctions. Everyone will only use the IQD in Iraq.
Auctions are now only needed for the government of Iraq because oil sales in USDs are done in USD. Then they are converted to IQDs because they are phasing out the dollar. This equals phasing out the auctions. Everyone will only use the IQD in Iraq.
