Militia Man
If you do the math on it, if you drop the three zeros from the exchange rate of the nominal value of the currency.
If the exchange rate is $1 divided by 1310 gets you .0007643 or real close, which is far less than a penny.
If you drop the three zeros off the exchange rate you've done a big service. You've created value to that currency because if you drop three zeros from the exchange rate that is .76...They can then add the Real Effective Exchange Rate based off the non-oil revenue streams...
Alaq says we're going to enhance the confidence in the dinar...Remember what Sudani said. He warned the citizens twice at least, to be careful with your dinar. Don't get rid of it. It's going to be stronger. Openly, the two big guys, Iraq prime minister and Iraq Central Bank governor has told the citizens...we're going to bring value.
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