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sandyf: "when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks" 8/29/20 I_icon_minitimeYesterday at 10:00 pm by Karl4Moriss

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sandyf: "when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks" 8/29/20

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sandyf: "when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks" 8/29/20 Empty sandyf: "when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks" 8/29/20

Post by RamblerNash Sat Aug 29, 2020 7:17 pm

sandyf   

Kap [Guru Kaperoni] is incorrect, the IQD is not "internationally recognised", that is a term that comes with Art 8. Currently, as all Art 14 currencies, the IQD is a non-convertible currency and when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks. Trading internationally is something different, the IQD has been traded on Forex for many years but at the higher levels not available to most. In 2013 there were 4 Forex trading pairs and by 2018 that had increased to 11.
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