TIDBIT FROM MNT GOAT: what has been preventing this revaluation to the TRUE rate of the dinar?

 Mnt Goat 

  We know about what the TRUE rate of the dinar should currently be based on its assets.

 The IMF is going to a strict asset-based evaluation of currency values. This is a Basel requirement. 

So, what has been preventing this revaluation to the TRUE rate of the dinar? 

 ...it was mostly the AML [Anti-Money Laundering] issue...i.e. banking reforms... efforts were put on warp speed to complete the AML reforms as acceleration began in early January 2023..

.we now get a sense of a real change...a sound transition away from those sanctioned days of Iraq since 1990’s. It is a new Iraq and it is here now...

So, it puzzles me as to why the currency also does not NOW reflect this change. But I assure you it will, and it won’t be long until it does...

The AML efforts is sprouting great benefits to Iraq and allowing them to move ahead quickly now.