Frank26: "The CBI governor is on television right now he just said that the reserves for the CBI are high enough now to produce stability in the exchange rate" (Well DUH!!! It Won't Devalue Right Now! LOL) 12/22/21
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Frank26: "The CBI governor is on television right now he just said that the reserves for the CBI are high enough now to produce stability in the exchange rate" (Well DUH!!! It Won't Devalue Right Now! LOL) 12/22/21
by RamblerNash Thu Dec 23, 2021 11:11 pm
Frank26
[Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor is on television right now he just said that the reserves for the CBI are high enough now to produce stability in the exchange rate. FRANK26: BINGO! The program rate has nothing to do with stability...Stop and think about this...those reserves are not based on the program rate those reserves are based on the education they've been telling them - the new small category notes, the new denominations, the new exchange rate.
[Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor is on television right now he just said that the reserves for the CBI are high enough now to produce stability in the exchange rate. FRANK26: BINGO! The program rate has nothing to do with stability...Stop and think about this...those reserves are not based on the program rate those reserves are based on the education they've been telling them - the new small category notes, the new denominations, the new exchange rate.
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» Frank26 says - They're talking on news Channel 1 saying it is time to open and adjust our exchange rate
» Kaperoni says - They want to bring it back to what it was just a year ago around 1170
» MarkZ says - Dr. Shabibi did say at one time Iraq could support a rate of 14.00 to $20.00 in 2012
» Walkingstick says - It's in print now
» Guru Vital Brad says - When it comes to rate I've heard numbers as high as $30
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» MilitiaMan says - To open a bank branch in the UAE and or even in Saudi Arabia is to be international
» Frank26 says - meanwhile citizens are demanding more that the exchange be set back to previous rate
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