This is in Iraq only, not the notes that we are holding out side of the US
the Iraqis can take their US dollars to the bank and get more dinar value for their US dollars. CBI is moving for the dinar only. It is an incentive to get the Iraqis to turn their US dollars into the bank to get them off the streets. January 1, 20017, only dinar will be used in Iraq…. they're getting their currency OFF the Streets!
Also remember the 1160 rate was the program rate, now that Iraqs currency is international it can be easily adjusted, this was an important and needed step. The rate you are looking for is coming.
Also believe that is the plan eucbucs