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Frank26 "Last Friday CBI told all banks in the world they would stop using foreign currencies" 5/30/18

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Frank26 "Last Friday CBI told all banks in the world they would stop using foreign currencies" 5/30/18

Post  roxy22222222 on Wed May 30, 2018 9:05 pm

Last Friday CBI told all banks in the world they would stop using foreign currencies.  After the banks closed Friday the 1190 rate hit.  Causes banks to move away from auctions so they will re-instate their currency! ... 1190 was to fix official buy/sell rate of IQD.   1184 was the rate before.  This brings the IQD to parity with the USD.  There is a need for Re-in-statement;  need for Immediate rate change; need for the program rate to go away.  This is a major accomplishment...for a suitable environment for the RI of IQD (Iraqi Dinar)  Waited for a movement of 3-6 pips...
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