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Guru Pimpy: "just so you guys know part of the calculations for any foreign currency to have its value is the amount of foreign reserves..." (Is Pimpy Backpeddling From The "RV" He Bosted About? LOL) 10/14/21 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Guru Pimpy: "just so you guys know part of the calculations for any foreign currency to have its value is the amount of foreign reserves..." (Is Pimpy Backpeddling From The "RV" He Bosted About? LOL) 10/14/21

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Guru Pimpy: "just so you guys know part of the calculations for any foreign currency to have its value is the amount of foreign reserves..." (Is Pimpy Backpeddling From The "RV" He Bosted About? LOL) 10/14/21 Empty Guru Pimpy: "just so you guys know part of the calculations for any foreign currency to have its value is the amount of foreign reserves..." (Is Pimpy Backpeddling From The "RV" He Bosted About? LOL) 10/14/21

Post by RamblerNash Thu Oct 14, 2021 10:33 pm

Guru Pimpy 

Article: "New Instructions for buying and selling foreign currency for the year 2021 and the stability of the dinar exchange rate"  This is the one everybody's talking about...the wording in here is a little eye-catching...what I like is the fact that they're saying they have to hold enough foreign reserves to be able to handle any kind of exchange that comes in. Now calm down...That doesn't mean there's going to be a rate change...they're definitely building up the private sector and that's what they need to do...just so you guys know part of the calculations for any foreign currency to have its value is the amount of foreign reserves that it has and it appears Iraq is getting there.
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