“RV for Iraqi Dinar Using NEER” by David Harkness – 7.6.23

Entry Submitted by David Harkness at 4:14 AM ET on July 6, 2023 I have just visited the IMF rates it’s their first post since 30 June. It’s dated 5 July and all middle eastern currencies are now on the page (they have been absent since 30 June)  these currencies have already been set long ago. I have visited the Fed Treasury back office their rate is still 0.1815c usd for  one Iraq Dinar as at 30 June 2023. https://www.investopedia.com/terms/n/neer.asp Using the NEER calculation on Iraq Dinar against Middle Eastern currencies the value today at IMF back office demonstrates for one Iraq Dinar to equal 0.1806c…