Walkingstick
You cannot have any restriction on your currency if you belong to the SAP. You cannot be on a program rate. A program rate is a restricted currency is it not? Sure it is...This is a very advanced system...The SAP has the same qualifications as the WTO.
In fact SAP is part of the WTO...The restriction on currencies that the WTO says you cannot have is the same restrictions that SAP says...They run the same program systems.
The main reason why they're going to float the Iraqi dinar is to build confidence in the country of Iraq. A float brings in these investor that Sudani has been signing left and right. These investors will watch the float and as the float increases they will say to themselves, 'Hey, maybe I should invest in this currency.' ...The float is to build confidence in the country and in the currency of Iraq.
