Iraqi Dinar News Update

Iraqi Dinar News Update  After a month of no updates…the CBI reported the MARKET rate of the dinar today at 1204. The update included the MARKET rate for every business day between October 8th and November 7th. The Iraqi Dinar traded between 1203 to 1208 over this time-span.  These rates are within the 2% IMF requirement between the OFFICIAL rate and the MARKET rate (OR/MR) which should be maintained for Article 8 compliance.  Stay tuned as more information comes in from the Central Bank of Iraq!!

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