Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Television says our foreign reserves have fallen to $100 billion from $110 billion...We'll make that up next month.
But they say we are still very safe and stable with our reserves and secure.
Frank26
Question: "Won't the black market get away when they raise the rate?"
No! The black market will be annihilated. There won't be a need for the black market. The black market is there because they're trying to rip off the Iraqi citizens.
Once you have an established exchange rate, no. 1310 is not established. It's a program rate.