The plan created by Dr. Shabibi, who was the director of the CBI at the time, and the IMF is to also follow through shortly after with the reinstatement of FOREX with a revalued rate and to repeg the dinar from the sole peg of the US dollar. In order to convert the currency to the lower denominations, they will need to obtain a higher rate to the dinar because the lower denominations would be worthless at 1/6 of a penny. We can be certain that the new rate must be at least $3.22 or more. A pending rate of nearly $5 is currently displayed on the displays. Until the OFAC restrictions on the IQD are removed, this rate will not go forward to FOREX trading.
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