Dinar Rate UPDATE

Dinar Rate UPDATE  Today’s CBI rate updates has the official exchange rate back within 2% of the market rate!  The rates were apparently outside of the “2% rule” for 3 days.  It’s unclear if 3 days is enough to knock the dinar out of compliance or not.  At this point the gurus don’t know if the IMF rules require a daily “within 2% spread” for compliance or if it’s based on a weekly or monthly average.  The Iraqi Dinar has been in compliance for over a year in a half before this 3 day slide.

This entry was posted in Uncategorized. Bookmark the permalink.