Iraqi Dinar Discussion Board

[Aerospace]

Pure nonsense.
First… Iraq has loosened monetary policy recently. The evidence of that is the lowering of interest rates.
Second… Their current money supply (m2 x exchange rate) is perfectly in line with the other middle east neighbors when compared to GDP. How you continue to ignore that FACT amazes me.
Third… the Iraqi dinar will never be allowed to float. No oil producing country does that. Every OPEC country has a pegged currency. So yes… the Gov controls the rate… but no more than any of the 100’s of other countries out there that have a pegged currency.