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Post by Ssmith Tue Jan 03, 2023 2:11 pm

The mechanism is in place in and outside of Iraq. The dinar is not pegged to the dollar and for the past 15 days or so, it has been adjusting to home in on pairing with the other currencies in the basket. The people will have to use dinar to make their exchanges on their apps and the rest of the world will be using dinar for their contracts. No more having to convert to dollar to buy/sell, straight dinar/dong, dinar/yuan, dinar/pound, dinar with any other contract they’ve established.


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