Yada

The parallel rate…is the rate that the street operated at. For a long time, the street rate charged higher rates for dollars that were purchased by dinar. The CBI rate is the official rate and there was a variance between the two.  Since the official currency in Iraq is now the dollar [dinar ?] and illegal to use dollars, the street vendors are forced to play fair or use the same rate as the CBI…the parallel rate is flattened in Kurdistan whom always operated at a higher standard than Baghdad.   Now the rate will go international and that is what we’ve been awaiting