Dinar News Update

Dinar News Update  The CBI has maintained less than 2% spread between the Dinar’s official rate and the market rate for approximately 82 days.  This means the Dinar is within 5 days of fulfilling the IMF’s 2% for 90 day rule.  Many feel the Dinar cannot RV/Increase, graduate to Article 8 and become international until this milestone is met.  If the CBI maintains the market rate at the current rate this rule will be met on March 20th. Stay tuned to see if Iraq ascends to Article 8 and international status.

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