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I am not sure how this term "Double Dipping" started that Backdoc refers to here. There's really no such thing.
The foreign currency trading market according to the BIS is 5.3 Trillion per day, that's 220 Billion per hour. When an investor owns a currency, either in hand or digitally they can and do sell for whatever price they want and can and do buy another currency 30 seconds later if they desire. It would be impossible to restrict any of this massive trading.
So, there may be an argument for say Iraq and Vietnam going on the same day....but, not as Backdoc expressed. With respect, He conjectures the reason not tot allow using Dinar profits to buy VND is to "protect damage to a Country's currency value." Actually, IMO, it would do just the opposite. If millions upon millions of dollars were used to purchase the VND it would raise the value of the currency, not lower it.
Last edited by Ponee on Tue Mar 07, 2017 10:13 pm; edited 1 time in total
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