[via PDK] The reports coming out of Iraq…the official rate is around 1310…. So a US dollar officially will buy 1 thousand 310 dinar…well that was true a few days ago. …In the “parallel market” today [Wednesday] …and what they are seeing in the streets…is a rate of 1050…so one US dollar will only buy one thousand and 50 dinar. This is enormous news and coming from several regions in Iraq. This means it is stabilizing and correcting itself quickly. How the CBI responds to this will be interesting. That is almost a 10X change in value in 3 days. That is stunning progress out of Iraq.