Militia Man
Article: "Economist Muhammad Hashem Helou confirmed that the central bank cannot float the dinar exchange rate."
We've seen a few articles over the last week openly talking about the types of regiments that are exchange rate oriented, whether it's a fixed float or pegged etc. Saleh has spoken about it, he says it [floating] is dangerous ...the environment would not be good so it wouldn't be the best choice... Circumstances for the country of Iraq which is still primarily a rentier, which means oil based, it's best to have a fixed exchange rate...
Rebuilding the country is not going to happen anytime soon with 1310...Obviously they've got something else in mind because they've already said they've launched the projects, therefore there's contracts involved. What the rates are with the contracts that's private information...They know how to keep things quiet until the right time...
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