IraqiFreedom
09-01-2004, 08:43 PM
This is way simplified, but if I were making the decision for what the Dinar should open at, I would look at what it costs an average Iraqi to live each month (I don't mean starving). Then I'd look at the avg income / savings of Iraqis and try to come up with a value for the dinar that would support a basic standard of living. Next I'd determine if the country has enough hard currencies, debt instruments and revenue stream to support that number.
Anybody have any idea what these numbers might be?
Anybody have any idea what these numbers might be?