Guru Pimpy: "If the GOI had their way the rate would have been set exactly at $3.22" 3/23/20

by **RamblerNash** Mon Mar 23, 2020 8:43 pm

Guru Pimpy

...I got in a dispute with somebody. He keeps telling me that the IMF controls the rate of the Iraqi dinar. They don't control the rate. They make recommendations on monetary policies...The IMF works with the World Trade Organization and works with the United Nations. The United Nation is the one that has the sanctions on Iraq right now. People are going 'no they don't'. Yes they do...the CBI sets the rate under the guidance of the IMF and WTO. It does no good for the rate change if the UN doesn't allow them to be recognized internationally...once the CBI makes the rate change the currency must be recognized internationally. If the GOI had their way the rate would have been set exactly at $3.22. They have been bugging for year to have their rate reinstated...

I agree with Trump. Once we get out of this coronavirus thing our economy is going to slingshot IMO...Trump thinks we're gonna be out of this by April. Well one of the things you could do is change the rate of the Iraqi dinar. We know people are holding it including countries everywhere. You can give the appearance of a stimulated economy...

3/23/20