[via PDK] “State contracts are executed in Iraqi dinar” This is important and part of the de-dollarization process and the sovereignty of their currency. They are also converting old contracts to dinar as well. Article: “Iraq imposes dinar- only policy for domestic transactions” They say they are going to honor contracts at the “exchange rate” and that rate can change…and is expected to …but they want to make certain that the framework for all the contracts get converted based on the official exchange rate. This is huge and Iraq has made enormous progress.
