MZ: I had a good article on that yesterday. The current auctions are strengthening external balances in banks. They specifically said they are strengthening the exchange rate.
Member: do you see the Iraq dinar going by itself?
MZ: I know there are some that claim that…..but I don’t think so. My sources still think its going at the same time as the rest of our currencies.
Member: Nader just posted 1170 IQD per one Us dollar
Member: is the dinar floating?
MZ: Its floating in the parallel market in a direction that supports us. It was 1500 a few days ago in the parallel markets which mean we are watching the dinar gain value in the free market. They are changing how auctions work and want us to know why..
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