Wednesday, May 28, 2025

TIDBIT FROM MNT GOAT

 Mnt Goat  

 Remember for your thought process that a rise in the rate of the dinar is less dinars to the US dollar not more.

 I know it is backwards to what some believe as we call a rise usually means more not less.

 So, actually it is a downward trend in the number of dinars to make up one US dollar. This strengthens the dinar.

 So, if the official rate is 1320 we want the dollars in the parallel market to reflect the same or less rate of 1320.


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