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Guru Pimpy: "it looks like Iraq between now and the end of the year plans on doing some type of rate change" 12/10/20 I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

Guru Pimpy: "it looks like Iraq between now and the end of the year plans on doing some type of rate change" 12/10/20

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Post by RamblerNash Sat Dec 12, 2020 1:40 am

Guru Pimpy   

Another day - another day of rate change talk.  It's still out there in the ether...the International community knows the potential of investing in Iraq.  There are a lot of countries and I mean a lot that have already donate money and are looking into doing projects within Iraq.  Iraq is like the gateway to the whole Middle East.

Article: "Clarification regarding the Central Banks decision to control the dollar exchange rate and the reasons for its recent jump"  ...Notice that everyday more and more talk.  It's not going out too much on a limb to say that it looks like Iraq between now and the end of the year plans on doing some type of rate change What it is we don't know...We all know when for every dollar that we spend then we get back 1190 Iraqi dinars.  That's how it's supposed to go.  But there's been some changes happening on the open market over there within Iraq.  They're saying it's mostly due to speculation of a rate change especially now that they're talking about it...
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