Who won the elections? Al-Sadr. What happens? He comes out and says this, article quote “We will work to raise the Iraqi dinar to be in the ranks of global currency gradually.” This guy was just elected and right away he says we want to raise the Iraqi dinar in the ranks of the global currencies – gradually. Is that the 5 year plan they talked about with the reform of the white papers? Does that mean there won’t be an RV? But it’s slowly going to float all the way? I don’t know. The global currencies – their neighbor Kuwait at $3.32 and Jordan at $1.41 and if you may or may not know the Iraqi dinar was worth $3 in the 90’s. So who knows what they’re going to go to in those ranks.
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