Med says to (15:39:04): HOLD OK TALKING TO SONNY OK I AM BACK I KNEW WHY HE WAS CALLING THIS IS ANOTHER ONE OF THESE ARTICLES THAT HAS INCREDIBLE POTENTIAL AND TELLS ALOT BUT SEEMS THAT VERY FEW PICKED UP ON IT.... I HAVE READ IT 5 TIMES SO FAR AND JUST READ IT OVER WITH SONNY SO TIME FOR YOU ALL TO PUT ON YOUR THINKING CAPS CUZ THIS COULD BE POTENTIALLY EXPLOSIVE
ARE YOU READY IF NOT TOUGH ****
Economist Majid picture, that the U.S. dollar in freefall and Sesawe Iraqi dinar exchange rate in the next few days, praising measures the central bank "successful" to reduce the dinar exchange rate against the dollar.
Read More Link On Right
NOW I AM GOING TO POINT SOMETHING OUT REDUCING THE DINAR EXCHANGE RATE IS A GOOD THING WHY CUZ THIS WORKS IN REVERSE WHEN YOU ARE ON THE NEGATIVE SIDE LIKE IRAQ IS AGAINST THE USD YOU DO NOT INCREASE YOU DECREASE
One of the important factors for the high exchange rate of the dollar against the dinar in the summer months the past is the high demand and tight supply and exploitation of banking companies for citizens to raise the price of the dollar, prompting the central bank to increase supply in the currency auction.
NOW THIS IS KIND OF DIFFICULT SO I AM GOING TO HAVE TO DISSECT IT OK NOW TO ME THIS IS SAYING THAT BANKING COMPANIES HAVE LIMITED THE AMOUNT OF USD IN IRAQ
AND THAT THERE STILL IS A HIGH DEMAND FOR THE USE OF THE USD INSTEAD OF THE IRAQI DINAR AND BECAUSE OF THIS EXPLOITATION CBI HAS HAD TO INCREASE THE SUPPLY IN THE CURRENCY AUCTIONS
Added: that the success of actions the central bank to reduce dollar against the dinar would make dollar equals Iraqi dinar per the next few days.
NOW THIS IS THE ONE THAT REALLY WE WERE DISCUSSING FROM WHAT I READ ON THIS IT SEEMS THAT THEY ARE TALKING ABOUT REDUCING THE VALUE OF THE USD AND BY DOING SO INCREASING THE VALUE OF THE DINAR BUT NOT LIKE WE THINK I THINK THEY ARE TALKING USE
NOW SONNY FELT THEY ARE TALKING ABOUT AN RV BUT WONDERED WHY WOULD THEY ANNOUNCE IT IN JUST THE TRANSLATION THAT IS PRETTY MUCH WHAT THEY ARE SAYING
BUT WE HAVE SEEN THIS MAKE THE USD AND DINAR EQUAL I BELIEVE SEVERAL TIMES BEFORE NOW AS I TOLD SONNY RIGHT NOW CBI HAS RECOVERED ALL THEY LOST DURING THE PROBLEMS WITH IRAN AND SYRIA AND ARE NOW BACK DOWN TO 1166 SO THEY HAVE MOVED ABOUT 140 OR SO PIPS SINCE THAT FIASCO
THE MAJOR ISSUE WE HAVE WITH A ONE TO ONE IS THAT WE DONT THINK THEY WOULD MAKE SUCH A CHANGE WITHOUT A NEW CURRENCY OF LOWER DENOMINATIONS OTHERWISE THEY WOULD BE CARRYING AROUND EVEN AT .10 2500 DOLLAR NOTES WE WOULD SEE PEOPLE BEING ROBBED IN BROAD DAYLIGHT
OK SO THAT IS WHAT WE WERE DISCUSSING SO YOU HAVE WHAT I THINK TY FOR YOUR PATIENCE
Polarbear says to (16:02:30): now don't you use a $1000.00 bill to buy a soda?
Med says to (16:02:43): I MEAN I DO BUT I ONLY LIGHT MY STOGIES WITH 20'S
glk says (16:02:53): Thanks Med, I'll post here shortly ! I like the news !
Caviar Dreams says to (16:06:16): so if they were only going to rv to a dime they would not need coins at less than 1dinar value
Med says to (16:06:29): BUT REMEMBER THAT IS A START SHABIBI STATED THAT HE BELIEVES IT WILL TAKE 12 TO 24 MONTHS