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Stryker: "...why hasn't the value of the dinar?"
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Stryker: "...why hasn't the value of the dinar?"
by RamblerNash Sun May 05, 2019 9:00 pm
Stryker
Iraq prepares and float versus an RV ...Iraq's assets have grown greatly since 2008, why hasn't the value of the dinar?..
5/5/19
Iraq prepares and float versus an RV ...Iraq's assets have grown greatly since 2008, why hasn't the value of the dinar?..
5/5/19
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Re: Stryker: "...why hasn't the value of the dinar?"
by Sam I Am Mon May 06, 2019 12:09 am
Because it doesn't work that way, you ignoramus. With a pegged currency you increase the money supply if the reserves go up and you decrease it if they go down. The emphasis is on exchange rate stability. That's why they peg it in the first place.
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