Saturday, November 23, 2024

TIDBIT FROM MILITIAMAN, 23 NOV

 Militia Man 

 Article: "IMF: Arab country confirms commitment to flexible exchange rate"   Quote: "The International Monetary Fund (IMF) mission that visited Egypt announced that the Central Bank has confirmed its commitment to maintaining a flexible exchange rate regime, in order to protect the Egyptian economy from external shocks."

 ...Flexible exchange rate...is one that is determined by market forces of supply and demand in the foreign exchange market. 

The IMF suggesting shocks to come is likely a heads up that change is coming.  Let's hope that change to come is for Iraq's exchange rate...

🚨 IRAQ DINAR HIGHLIGHTS – JEFF’S TAKE 🚨: REALISTIC TARGET FOR THE IQD IS AROUND $3.80+

  🚨  IRAQ DINAR HIGHLIGHTS – JEFF’S TAKE  🚨 💰  Budget Depends on New Rate Jeff says Iraq’s budget cannot be fully approved until the ne...