Dinar News The CBI is reporting a change in the official market rate for the dinar! This could be significant. As you know, after a few weeks hiatus, the CBI began to update the dinar market rate this week. It’s been out of compliance with the IMF 2% rule on these updates. Today’s CBI market rate update is for April 27th – it’s showing a 100 point change to 1124. This is a STRONGER rate than the official CBI rate of 1190 (remember we want these numbers to go down NOT up). We’re not sure if this is this a simple typo mistake or if this is real. If it’s real, it’s significant – the market rate is determined by demand in the Iraqi market and this shows demand is growing for the dinar. Stay tuned to this interesting news!!
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