The Dinar will float
From IMF, "Iraq: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding." Feb 8, 2010
Link http://www.imf.org/External/NP/LOI/2010/irq/020810.pdf
Section III Number 26.
"To improve the functioning of foreign exchange auctions, we plan to develop organized exchange markets outside the central bank, including an interbank foreign exchange market. Our aim is to establish a forward market in Iraqi dinars in the near future."
Google " interbank foreign exchange market" and read about the Forex.
From IMF, "Iraq: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding." Feb 8, 2010
Link http://www.imf.org/External/NP/LOI/2010/irq/020810.pdf
Section III Number 26.
"To improve the functioning of foreign exchange auctions, we plan to develop organized exchange markets outside the central bank, including an interbank foreign exchange market. Our aim is to establish a forward market in Iraqi dinars in the near future."
Google " interbank foreign exchange market" and read about the Forex.