My Ladies say LOOKING GOOD SO FAR-ALL GEARED TO THE INTERNATIONAL MARKETS & BANKING

by **Ponee** Sun Aug 23, 2015 11:35 am

DInar GUru

My Ladies

THE VERY INSTANT IRAQ COMES OFF THE PROGRAM RATE AND TRADES IT WILL GO THROUGH THE SAME SETTLEMENT SYSTEM AS ALL OTHER CURRENCIES. CENTRAL BANKS ARE NOT SET UP TO KEEP JUST IRAQ ON THEIR OWN SETTLEMENT SYSTEM. THEREFORE THE CENTRAL BANK OF IRAQ CAN NOT REINSTATE THEIR CURRENCY AND KEEP IT ALL TO THEMSELVES. LOOKING GOOD SO FAR, THEY ARE TIGHTENING UP ALL THE SCREWS AND BOLTS…WOW!! WHAT PROGRESS AND ALL GEARED TO THE INTERNATIONAL MARKETS AND BANKING.

by **Kevind53** Sun Aug 23, 2015 11:59 am

They are already going through the same settlement system as other currencies. All nations use the BIS unless they happen to have a bilateral agreement with specific nations to exchange directly. Nations make and receive payments through the BIS, not directly through Central Banks. "Program" rates have nothing to do with how they make their payments.

My Ladies say LOOKING GOOD SO FAR-ALL GEARED TO THE INTERNATIONAL MARKETS & BANKING