Article: “What the Central Bank Has Achieved In Terms Of Monetary Reserves Requires The Government To Reduce The Exchange Rate” There we go again, ‘Frank, look they’re going to reduce the exchange rate.’ You don’t seem to understand what they’re trying to tell you. It’s difficult to interpret a mistranslation…In 2003 the rate was 4500 to 1. It has been reduced to 1460 and continues to be reduced until they get to 1 to 1…the smaller it gets the more you increase the value of the Iraqi dinar. And that’s what this means.
