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MilitiaMan says - The education process is clearly in play still for all to see. Talking about the exchange rate process and it’s functions is obviously very timely at this stage
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MilitiaMan says - The education process is clearly in play still for all to see. Talking about the exchange rate process and it’s functions is obviously very timely at this stage
MilitiaMan
...The education process is clearly in play still for all to see. Talking about the exchange rate process and it’s functions is obviously very timely at this stage. Iraq has many things to export. Oil being number one. There is an abundant amount of natural resources, etc... When they are sold in Dinars it will increase demand for the currency and support it’s value from that exportation process. The Central bank will be in a position to defend the currency to keep it appropriate for international trade. That will require and international exchange rate. Not a program rate they have at present...
...The education process is clearly in play still for all to see. Talking about the exchange rate process and it’s functions is obviously very timely at this stage. Iraq has many things to export. Oil being number one. There is an abundant amount of natural resources, etc... When they are sold in Dinars it will increase demand for the currency and support it’s value from that exportation process. The Central bank will be in a position to defend the currency to keep it appropriate for international trade. That will require and international exchange rate. Not a program rate they have at present...
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