Mnt Goat
...the dinar, when reinstated, will NOT come out at the low program rate and then float slowly to something we want to see to exchange.
Instead, it will be placed back on FOREX and by the time you hear about it, it may very well already be over $4. Remember at some point the IMF will cap it out and let it settle down. I heard this could be at about $9...
ClareArticle: "Al-Sudani and Fouad Hussein alongside world leaders in New York
" Quote: "The Iraqi delegation will participate in the meetings of the United Nations General Assembly, headed by Prime Minister Muhammad Shiaa al-Sudani and Foreign Minister Fuad Hussein, and they will meet there with many world leaders, according to Foreign Ministry spokesman Ahmed al-Sahhaf."
Article: "Announcement of a tender for supplying, installing and operating counting and sorting machines and currency packing machines"
Quote: "The Central Bank of Iraq announces the conduct of a public and private tender to equip, install and operate machines for counting and sorting Iraqi and foreign currency (dollars and euros), number (30) and currency packing machines, number (4) machines for the Central Bank of Iraq / Kurdistan Region Branch / Erbil."
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