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Kaperoni feels the rate of the dinar will be set by supply and demand
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Kaperoni feels the rate of the dinar will be set by supply and demand
Kaperoni
the dinar will rise in value based on economic pressure. That pressure comes through the capital account. As more investors come into Iraq, it creates inflationary pressure which then the dinar rises to compensate...the rate of the dinar will be set by supply and demand...it should not say weak long. But it must start weak to reduce the money supply. Iraq is an emerging market. They are doing things to succeed not fail. Slow and gradual.
Ponee- Admin
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Re: Kaperoni feels the rate of the dinar will be set by supply and demand
true to a point, the question is will it go up or down? Regardless, I do not think we will see any significant change short term. Would I love to be wrong? You bet, but I don't think I am.
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Kevind53- Super Moderator
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Re: Kaperoni feels the rate of the dinar will be set by supply and demand
Pekaroni has tripped himself up so many times, it's pitiful-I wouldn't believe him if he was strapped into 'ol Sparky'-
Terbo56- VIP Member
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