The Central Bank of Iraq recently broadened the range of tactics it uses to mop up excess liquidity in the system and maintain the dinar's de facto peg to the dollar, which, given the primitive state of Iraq's financial system, is the best mechanism the bank has to keep prices stable.

ECONOMIST: Struggling to pick up the pieces | The

Within weeks, Iraq's central bank and a group of private banks are expected to begin providing trade credits to help get the economy moving again.

ECONOMIST: Still dangerous