They are lined up at the banks today. Get ready. On Sat. 9 Dec.Iraqi citizens were told that they had to wait just a few more days. They are not going to use the US Dollar for exchange after Jan. 1 2024. Everyone we talk to tells us that there is nothing left to do and they are just waiting for the IMF to release it since they are the ones in charge now.
Wed. 13 Dec. MarkZ:
Wed. 13 Dec. MarkZ:
The IQD is on Forex as a tradable currency. This means individuals and institutions can buy and sell IQD on the Forex market…just like any other currency. The IQD is traded against other currencies like the US dollar, Euro and British pound. The exchange rate of the IQD is determined by market forces. In other words, there is an article coming out that says it is looking for a “float” or adjustment against other currencies. They say they are adjusting the exchange rate and the value of it.