Militia Man
You haven't seen the investment side of the 2024 budget. That's where everybody should be paying attention. If you own dinar you should be paying attention...
They haven't exposed the 2024 investment side of the budget. Why? In my view it's exchange rate oriented... They need the exchange rate so they have the final accounts...
Article: "Bold step changes the liquidity map in Iraq"
Quote: "
The Central Bank of Iraq decided to reduce the internet rate and activate securities...
Analysts expect an increase in reliance on the Iraqi dinar as a base currency...It's expected the activation of a new dinar instrument will contribute to enhancing local liquidity..." A base currency is going to make you guys really excited.
What is a base currency? Base currency is the first currency in a pair of currencies being traded in the Forex Exchange Market. The second currency is called the quote or counter currency ...They're talking about it's not the US dollar that the base currency. It's going to be the Iraqi dinar...I'm really pumped and excited...! If that doesn't tell you these guys are gearing to go international I don't know what does... Powerful information!
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