Saturday, November 18, 2023

"RV UPDATE" BY CLARE & PIMPY, 18 NOV

 Clare

  Article:  "Private banks and exchange companies express their preparations to reduce the exchange rate"  Quote: "Private banks and exchange companies are showing great preparations, collectively and in coordination, to reduce the price of the dollar

 Pimpy   

It's a tug-of-war for you to find that sweet spot when it comes to currency exchanges.  Right now I believe the Iraqi dinar is way too low, It's too cheap.  Iraq is starting to get get back on track.  If they're going to start doing trade with  other countries they're going to need a stronger Iraqi dinar...

What would really be a super huge lift and bring a ton of value to the Iraq dinar is if they get away from the greenbacks and start using their own currency to do transactions for the oil.  That would be huge. 

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