MarkZ

[via PDK]  …many nations hold Iraqi dinar in their foreign currency reserves.  This is very important…when they change the value…it makes an argument for a much higher rate.  If there is a substantial rate change…these countries can use the dinar to pay off debt. With many countries failing and bankrupt around the world…The higher rate they can substantiate equals a lot of good will toward Iraq generates from many countries worldwide. This is awesome…