Iraq’s Central Bank may be preparing another major step to narrow the gap between the My FX Buddies Blog link

official dollar exchange rate and the price being charged in the parallel market. According to sources cited by the Independent Press Agency, the Central Bank is considering measures to create a more disciplined and unified dollar-selling price through licensed exchange companies and authorized outlets. And one figure is getting attention: 1,320 Iraqi dinars per dollar. But what does that actually mean? The article makes an important distinction. The reported move does not mean the Central Bank is changing the official exchange rate. The CBI has previously denied reports of an official rate change ...