Militia Man
Article: "Monetary stabilization mechanism will maintain financial stability in the country"
What is that going to be?
It's the reinforcement mechanism, it's the new one. It's not the old dollar auction. They're still going to use the dollar and many different foreign currencies. Realize, when Iraq turns their currency on to go international, Iraq is going to be a foreign currency that will be traded on international markets.
So when they talk about "foreign currencies" think about Iraq being one of them. So when they talk about a "basket of currencies", Iraq is going to be one of them within it.