Militia Man
Article quote: "The objectives of banking reforming Iraq will end with a high integration that achieves competitiveness, homogeneity, compliance and governance within the Iraqi banking market and achieves the integration of the national banking market with the global market."
They haven't ever done that with an exchange rate of 1180, 1166, 1182, 1310, 1450...Never happened.
Then why would they just all of a sudden say, 'Now it's okay'?
...Integrating Iraq's national banking market system with the global market system in my view will require a real effective exchange rate...