MANY OF YOU WILL START TO REMEMBER, BACK IN AUGUST 2017, THE CBI HAD A “SECOND” WEBSITE (cbi.3eyon-host.net),

LINKED THRU THE STATISTICS SECTION OF THE MAIN WEBSITE.

WHAT WAS INTERESTING AND IMPORTANT TO NOTE BACK THEN, WAS THE RATE LISTED ON THE SECOND WEBSITE WAS $1USD = 1.20 DINARS.

THEN THE 2 WEBSITES MERGED AND THIS RATE DISAPPEARED AND WAS NEVER TO BE HEARD OF OR SEEN AGAIN

UNTIL YESTERDAY…..BOOOOM!!!!

YES, VERY INTERESTING, THAT THE CENTRAL BANK OF IRAQ HAS MENTIONED THIS $1 USD = 1.20 DINARS RATE….

THIS IS THE FIRST TIME SINCE 2017.

SO THE QUESTION YOU NEED TO ASK, IS WHY ARE THEY NOW BRING THIS UP AGAIN WHEN THEY HID IT SINCE 2017???

I BELIEVE THE REASON WHY IS THAT THE RATE IS ABOUT TO CHANGE.

NOW, JUST AS REMINDER OF HOW THE CBI LIST THE RATES. 1.20 DINARS = $1 USD.

THIS IS A 1 TO 1 RATE. WELL ACTUALLY NOT, IT’S ABOUT 0.83 CENTS REALLY.

SO REMEMBER HOW IT WORKS AS THE VALUE OF DINAR DECREASES AGAINST THE US DOLLAR, THE VALUE OF THE US DOLLAR INCREASES.