Walkingstick says -CBI was still able to maintain the exchange rate of the Iraqi dinar...
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Walkingstick says -CBI was still able to maintain the exchange rate of the Iraqi dinar...
by Ponee Tue May 12, 2020 9:08 pm
Walkingstick
[via Frank26] Are the auctions back? The answer is yes. Why are the auctions back? They had to. But just as fast as you saw the auctions return expect and prepare yourself for the auctions once again to disappear and be turned off again. The reason for it is because they need to put in the REER. Turning off the auctions caused them to learn a good lesson. You see they didn't have cash. They were short on the USD side...even with all of that and putting down the auctions the CBI was still able to maintain the exchange rate of the Iraqi dinar...
05.12.2020
[via Frank26] Are the auctions back? The answer is yes. Why are the auctions back? They had to. But just as fast as you saw the auctions return expect and prepare yourself for the auctions once again to disappear and be turned off again. The reason for it is because they need to put in the REER. Turning off the auctions caused them to learn a good lesson. You see they didn't have cash. They were short on the USD side...even with all of that and putting down the auctions the CBI was still able to maintain the exchange rate of the Iraqi dinar...
05.12.2020
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