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Kaperoni Teaches You The Math!
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Kaperoni Teaches You The Math!
by RamblerNash Mon Aug 27, 2018 11:22 pm
Kaperoni
…Iran is pumping fake dinar into the market to lower the dinar exchange rate in hopes the CBI then pumps more dollars (which they can smuggle back to Iran). This is similar to what was done in 2013. None of the numbers in the media are official but the CBI does have to provide a sworn quarterly report that includes daily market rates to the IMF so they will eventually know. Starting over to meet compliance is something none of us want to see but may be a reality…The 2% spread is calculated by the IMF using the following formula Official Rate + commissions x .02 = 1214 or less. There are numerous IMF documents over the years that report the spread that can be used to determine this formula…
8/27/18
…Iran is pumping fake dinar into the market to lower the dinar exchange rate in hopes the CBI then pumps more dollars (which they can smuggle back to Iran). This is similar to what was done in 2013. None of the numbers in the media are official but the CBI does have to provide a sworn quarterly report that includes daily market rates to the IMF so they will eventually know. Starting over to meet compliance is something none of us want to see but may be a reality…The 2% spread is calculated by the IMF using the following formula Official Rate + commissions x .02 = 1214 or less. There are numerous IMF documents over the years that report the spread that can be used to determine this formula…
8/27/18
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