Frank26
The closing of the auctions, the closing of the electronic platform auctions enhances financial stability...
It's very obvious they're moving towards releasing a new exchange rate. It's that simple...
Question: "A quick explanation on 1 to 1?" The whole purpose is for the Iraqi dinar to have purchasing power.
Why do they try to make it 1 to 1 with the American dollar? Inside of Iraq it comes out at 1 to 1, purchasing power. Outside of Iraq, internationally that's a different ball game. If you had 1 million dinars it would be worth $1 million American dollars...