Walkingstick

[via Frank26]   The Iraqi dinar has not gone up in value for many decades because it was not being respected with its exchange rate.  It could very well jump into the Middle East basket at 1460 but that is not the CBI’s goal.  The goal is to de-dollarize and that is the uncertainty/unknown of these positions of the monetary reform right now.  Where are they in the budgetWhere are they in the exchange rate?  Where are they with the new small category notes?  Will the Iraqi dinar go into the basket at a program rate or at least at a 1 to 1 rate with the American dollar?