Frank26
Community comment "I always felt that if the dinar came out of the gate at one to one it would cause mass inflation due to the amount in circulation. Hitting the forex at 1000 to 1 makes more sense to me. I do believe however that it won’t stay there very long IMO as the demand will be great." Yes!!
The WTO...you don't have to have a high exchange rate. But what do you have to have in order to be part of the WTO? Your currency must be what? Sanction free. There must not be any restrictions on your bank or your currency to join the WTO.
A program rate is not a stable controlled exchange rate. They are saying things are different now. They are secure and stable. We do have international standards established...
Question: "Is Article VIII needed?" Article VIII will automatically come on once Article VII is official. In other words it's the next step that they walk into under the United Nations Security Council.
Pimpy
There is nothing out there right now not a single action that's happening that points to a revaluation of the Iraqi dinar. Nothing out there right now. Nothing.
Now, they are taking all the steps necessary to increase the value of the Iraqi dinar but there is nothing out there that points to the revelation of the Iraqi dinar, nothing whatsoever.
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