The implications of low exchange rate of Iraqi dinar (beneficiaries and affected) On: Saturday 21/04/2012 15:42
By: Ali Mahmoud gnathion NA
I saw the Iraqi dinar during the past few weeks, a decline in its value falling exchange rate of (
0.0008333) dollar / dinar in early December 2011 to (0.00077) dollars / JD in early April 2012. In other words, the number of dinars per dollar of (1200) JD / dollar in the free market to the (1300) JD / dollar during the period. The exchange rate that was in the seventies Sunni $ 3.20 / JD any more than the current price of more than four thousand times (almost "). (3.2 ÷ 0.00077 = 4155 times).
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