Mnt Goat
Here is the process of the reinstatement...:
Institute the reforms the “Pillars of Financial Reform” – Banking, Insurance, Stock Market;
Get rid of the parallel market and demand for the dollar through the black market;
Realize the Central Bank “official” rate of the dinar and overcome the dollar crisis.;
Be able to raise the “official” rate of the dinar against to dollar to a sustainable, realistic rate that reflects the true economy of Iraq (just over a dollar in-country) ;
Conduct the Project to Delete the Zeros: decrease the monetary mass by collecting these large three zero notes,stashes/hoards of dinars and dollars.
Swap out the currency; Watch/monitor for inflationary pressures on the process;
Reinstate the IQD back to the global currency exchanges ie. FOREX. Not just a placeholder on FOREX pointing to ISX but the ability of tradable buy and sell options.
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