Wednesday, February 26, 2025

TIDBIT FROM FRANK26, 26 FEB

  Frank26  

 Question:  "How can they put bonds into circulation without a rate?"  [Reference Guru Frank26 Firefly 2-23-2025 post ] 

 They're not in circulation.  If someone told you they are, get away from them.  They've told the citizens they can buy them but they're not in circulation right now.  Why?  Would you buy them at 1310?  No.  Because there is no exchange rate for it yet.  

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🚨🇮🇶 Iraq's Parallel Market Continues to Strengthen! The Gap with the Official CBI Rate Keeps Narrowing 📈💵

 CHANNEL8 As of July 20th, market exchanges are trading at $1 = 1,504 IQD ($100 = 150,400 IQD), showing a solid strengthening from July 1st ...