Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."


Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

BOOM! New Currency Undervalued - Will IRaq and Other countries be forced to revalue?  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

BOOM! New Currency Undervalued - Will IRaq and Other countries be forced to revalue?

Go down

BOOM! New Currency Undervalued - Will IRaq and Other countries be forced to revalue?  Empty BOOM! New Currency Undervalued - Will IRaq and Other countries be forced to revalue?

Post by Ponee on Sun Feb 23, 2020 8:47 pm





TwistedChristian: Feb.20,2020

 A New Currency Undervalued/manipulation Law is set to take effect and could force countries to change the value of their currencies.





On April 6th 2020 this new law takes effect and could very well lead to the revaluation and the raising of value of many currencies.





I always thought there was a basket of currencies that could all go at once.


At some point a country whose currency is “under value” will have to make a decision to pay the tariffs or raise the value of their currency.





Some country’s currencies currently classified as “Under value”  “Over value” or manipulating their currency are Iraq , Vietnam, Thailand, China, Brazil, Argentina, Japan, Malasia, Korea, Germany, Italy, Ireland, Singapore, Mexico and Switzerland.





President Trump wants a “level playing field”


Some of President Trump’s  new Trade deals with China, Japan, USMCA ect do contain provisions for currencies.


It will be interesting to see what happens when this law goes into effect on April 6th, 2020

*****************
Ponee
Ponee
Admin
Admin

Posts : 35678
Join date : 2011-08-09

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum