Read this whole thread.


TQueezy:
I just got a call from one of my sources. It's someone high up with direct connections to the CBI.

It's a done deal. Friday, banks closed, pushed the rate modification process upload through the server. Once it goes on the forward facing, and once all banks are back to operational hours, people should see the free exchange for IQD. It's a managed float, so you may not see any improvement for awhile. They have enough to back it at it's current rate without it falling too much. Might drop to 1200 / 1, but will soon increase beyond that. No real time frames for a good cash-in rate, but expect a couple weeks. I'd say exchanges at $1.56 / 1 by mid Feb.

So happy! Our ride is at the end. Stick with it guys, this is over soon. Woohoo!!!

Read more: [link to dinarvets.com]