Wednesday, November 6, 2024

FIREFLY: "THE IRAQI DINAR WILL GO ON FOREX SOON" , 6 NOV

  Frank26  

 [Iraq boots-on-the-ground report]

  FIREFLY: Some new financial guru here saying the new hybrid monetary plan will bring more alliance on the dinar instead of the dollar restrictions. 

 Saying it will make the dinar a base currency and a base currency is the main currency in a group of currencies that are traded in the international Forex...

He's saying they are going on Forex soon. 

 FRANK:  When they talk to you about a base currency, they are trying to tell you your nation will become a financial central hub with many currencies coming in from around the world that will play an important part in the international float of the Iraqi dinar in order to reach the real effective exchange rate.  Forex is but one example of how they will do this.  

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