Article Quote: “The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1,32 Iraqi dinars instead of 1320 dinars. Implementing such a decision is likely to significantly increase Al-Sudani’s popularity.” I know everybody somehow, someway got that the exchange rate was going to be
$1.32. That’s not what this article says. It says the official cost of the US dollar will be 1.32 Iraqi dinars…What I’m hoping this means is $1 US will get you 132 Iraqi dinar. That would be pretty nice increase in the Iraqi exchange rate. That’s a 90% increase.