Mnt Goat
Article: "SWIFT AND THE US FEDERAL RESERVE PUT IRAQ AT THE MERCY OF THE GLOBAL ECONOMY"
Quote: "Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system"
WOW!...Although this may seem like a negative statement this is actually an all-telling concept in just where Iraq now stands in the global arena. If they are going to go international with their currency there will be vulnerability.
They are no longer isolated and under the sanctioned post-war process so of course they are going to be more “vulnerable to global economic shocks”.
I also believe this is setting the stage for the IQD for a future float, which comes only with the new basket of currency for a new peg.