Pimpy

  In Pimpy

The only reason why people are picking up dollars on the black market…is you can get a lot more Iraqi dinars than you could at the official exchange rate at the Central Bank of Iraq.  So if you’re trying to make ends meet and you happen to get your hand on dollars because you got relatives over there in the United States making good money and they’re sending some money back to you well of course you want your dinars to stretch.  You’re going to  get more dinars for your dollar…Iraq needs to increase their exchange rate so the desire to want to get rid of your dinars decreases and people start using the dinars and not needing a dollar so much…