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Iraq's Ministry of Planning contemplates the right exchange...$3.208 or $1.134??
There is no date on this report...but I was told its from 2010...an oldie but goodie.
It appears we have the MOP outlining the advantages and disadvantages of certain exchange rates for the dinar.
This gives you a taste of the logic that goes behind this sort of thing.
SPOILER ALERT: The MOP concludes $1.134 would be the better option and it should be held their for 3 years.
I doubt he has final say...but I'm sure this is taken into consideration....
Read the full report below.
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