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My Ladies says dinar WILL STILL NEVER SEE THE POSITIVE SIDE OF A DOLLAR...
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My Ladies says dinar WILL STILL NEVER SEE THE POSITIVE SIDE OF A DOLLAR...
My Ladies
Article: "ENTRAL BANK TO RAISE THE PRICE OF THE DINAR AGAINST THE DOLLAR!!" YES AND IT WILL RAISE SIGNIFICANTLY...RIGHT NOW THE BLACK MARKET IS AT 1300+ SO THEY WILL LIFT THE RATE TO CLOSE THAT GAP BUT IT WILL STILL NEVER SEE THE POSITIVE SIDE OF A DOLLAR...
YOU NEED TO UNDERSTAND THERE IS A GAP BETWEEN THE OFFICIAL EXCHANGE RATE OF THE DINAR WHICH IS 1182 AND THE BLACK MARKET RATE WHICH IS 1300+ DINAR TO THE DOLLAR.
NOW IF IRAQ DOES WHAT IT NEEDS TO DO TO CLOSE THAT GAP THAT WILL BE RAISING THE “PRICE” DINAR AGAINST THE DOLLAR WHICH WILL MAKE THE OFFICIAL RATE CLOSER TO THE 1300 BLACK MARKET RATE.
THAT MEANS THE EXCHANGE RATE IS GOING IN THE OPPOSITE DIRECTION OF ANYONE HOPING TO MAKE A PROFIT.
10.24.2016
Ponee- Admin
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Re: My Ladies says dinar WILL STILL NEVER SEE THE POSITIVE SIDE OF A DOLLAR...
Umm a move from 1260 to 1300 would be a lowering of the value not a raising of the value ...
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