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wmawhite -- highly unlikely for there to be an international acceptance and trading without a reality rate.
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wmawhite -- highly unlikely for there to be an international acceptance and trading without a reality rate.
by Ponee Wed Jul 08, 2015 12:24 pm
wmawhite
Article quotes: "The Iraqi government plans to issue local bonds worth five billion dollars, starting from the last quarter of this year..." "The bonds will be issued in US dollars in stages based on investor demand, and investors will choose between receipt of an asset at maturity in dollars or dinars, but at a better price than the market price." "He noted the former official at the Central Bank of Iraq, Qassem Saleh appearance, that "the medium-bond maturities range between 12 and 18 months." They just told you they are planning for an internationally accepted Dinar. How do you want your return? In USD or Dinar...something is up. ...according to banking reference yesterday - (IHHO) he would find it highly unlikely for there to be an international acceptance and trading without a reality rate.
Article quotes: "The Iraqi government plans to issue local bonds worth five billion dollars, starting from the last quarter of this year..." "The bonds will be issued in US dollars in stages based on investor demand, and investors will choose between receipt of an asset at maturity in dollars or dinars, but at a better price than the market price." "He noted the former official at the Central Bank of Iraq, Qassem Saleh appearance, that "the medium-bond maturities range between 12 and 18 months." They just told you they are planning for an internationally accepted Dinar. How do you want your return? In USD or Dinar...something is up. ...according to banking reference yesterday - (IHHO) he would find it highly unlikely for there to be an international acceptance and trading without a reality rate.
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Re: wmawhite -- highly unlikely for there to be an international acceptance and trading without a reality rate.
by Kevind53 Wed Jul 08, 2015 6:54 pm
News flash, 1166/USD is a rate, and it is real, and I might point out much higher than the rates of many international currencies & IMF members.
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