Fnu Lnu

I have been told that we will see a rate ranging from a possible $3.80 +- .   On the upscale, they could sustain a $4.80 with ease but should test the waters first. At any rate, they would likely come out as the premier currency of the world and higher than Kuwait.  Iraq will be in need of monstrous amounts of infrastructure supplies which they will import…These supplies are very expensive so they will want the Dinar as strong as reasonably possible. They have paid off almost all of their foreign debt so the need for a cheap Dinar is gone and they are not an export country except for oil and OPEC requires that oil be sold and bought in USD.