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Sandyf: "that Arictle 8 stuff they DO NOT NEED TO BE OUT OF IT TO GAIN VALUE IN THE DINAR" 7/3/19
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Sandyf: "that Arictle 8 stuff they DO NOT NEED TO BE OUT OF IT TO GAIN VALUE IN THE DINAR" 7/3/19
Sandyf @Whitelions Dave I wish you could get off that Arictle 8 stuff they DO NOT NEED TO BE OUT OF IT TO GAIN VALUE IN THE DINAR did I say that load enough that is guru stuff your hanging on to , if they did they would not have done all the stuff they have done so far they would have taken care of that already
Sandyf The IQD is an Article 14 currency, so where does out of Article 8 come into it. Iraq needs to move to Article 8 for the IQD to gain guaranteed redemption and become internationally recognised. This move would make the currency Partially Convertible, a currency has to be heavily involved in international trade for many years to be recognised as Fully Convertible.
Article 14 currencies change value all the time but they are not traded on the lower forex markets only the higher corporate levels. Companies that do handle Article 14 currencies do so at their own risk.
Sandyf The IQD is an Article 14 currency, so where does out of Article 8 come into it. Iraq needs to move to Article 8 for the IQD to gain guaranteed redemption and become internationally recognised. This move would make the currency Partially Convertible, a currency has to be heavily involved in international trade for many years to be recognised as Fully Convertible.
Article 14 currencies change value all the time but they are not traded on the lower forex markets only the higher corporate levels. Companies that do handle Article 14 currencies do so at their own risk.
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RamblerNash- GURU HUNTER
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Re: Sandyf: "that Arictle 8 stuff they DO NOT NEED TO BE OUT OF IT TO GAIN VALUE IN THE DINAR" 7/3/19
Sandyf is just a parrot --- repeating what other gurus say. Oh what am I saying, they all just repeat each other...
Ponee- Admin
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