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How does Chinese renminbi effect the dinar?


magawatt
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when Iraq pegs to the SDR basket it will because now their is a much stronger currency backing their curency with real assets in the basket other than fiat funny money like the USD. IMHO we need a new system and the SDR basket is going to make that happen with other stronger currencies.

Edited by easyrider
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China will bring more wealth and prosperity to Iraq then you can possibly imagine within the next ten years.  Research China's One Belt One Road initiative (aka the New Silk Road). It's a massive trade route being built that will go directly through Iraq, Syria, and Iran.

 

http://www.huffingtonpost.com/fu-ying/china-silk-road-eurasia_b_7899236.html

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