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Guru Mnt Goat says - they DO NOT need to be on FOREX but it sure helps
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Guru Mnt Goat says - they DO NOT need to be on FOREX but it sure helps
Guru Mnt Goat
Article: "COINED MONEY SERVES INTERNAL BUSINESS DEALINGS" Quote: “The change of currency means that a new currency will replace an old currency, with a fixed exchange rate and the zeros of the old currency will be removed or the decimal levels are moved to the left,” he said. for financial trading to support the national economy.”
...this article is NOT about moving to FOREX, not yet. So, when they do change the rate it will be fixed. They can not put the program CBI rate on a float. They have told this many times...
Article: "NEWS: ON IRAQ'S ACCESSION TO THE WORLD TRADE ORGANIZATION (WTO)."
Yes, Iraq will need a currency to join the WTO. Oh – but they have a currency now. But can it be used easily in trade? NO! That is the problem here. This is why they need to reinstate it. So they DO NOT need to be on FOREX but it sure helps in trading globally to be able to tie into the currency exchanges electronically to get the current exchange rate for the conversion...
09.01.2019
Article: "COINED MONEY SERVES INTERNAL BUSINESS DEALINGS" Quote: “The change of currency means that a new currency will replace an old currency, with a fixed exchange rate and the zeros of the old currency will be removed or the decimal levels are moved to the left,” he said. for financial trading to support the national economy.”
...this article is NOT about moving to FOREX, not yet. So, when they do change the rate it will be fixed. They can not put the program CBI rate on a float. They have told this many times...
Article: "NEWS: ON IRAQ'S ACCESSION TO THE WORLD TRADE ORGANIZATION (WTO)."
Yes, Iraq will need a currency to join the WTO. Oh – but they have a currency now. But can it be used easily in trade? NO! That is the problem here. This is why they need to reinstate it. So they DO NOT need to be on FOREX but it sure helps in trading globally to be able to tie into the currency exchanges electronically to get the current exchange rate for the conversion...
09.01.2019
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