Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20
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Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20
by RamblerNash Mon Dec 28, 2020 11:03 pm
Guru Pimpy
Article: "Today, Sunday, relative stability in the exchange rate of the dollar in the local markets" ...The rate was changed to 1450 dinars for every 1 dollar but the exchange rate on the stock exchange it's actually performing pretty good. It bounces somewhere between 1410 and 1430. That means the dinar is stronger than they had pegged. So it's doing very well in the markets.
Article: "An advisor in the central bank determines its orientations regarding the exchange rate and the possibility of changing it again" ...technically what they said [before] was they would only devalue the dinar one time not change the rate...I thought this devaluing of the dinar was only a short-term thing. It just didn't make sense to me especially since they had so much building to do and how it disproportionately affected the poor. So now it looks like there's already going to be pressure on them to go ahead and decrease the rate so the value goes back up for dinar holders...
Article: "Today, Sunday, relative stability in the exchange rate of the dollar in the local markets" ...The rate was changed to 1450 dinars for every 1 dollar but the exchange rate on the stock exchange it's actually performing pretty good. It bounces somewhere between 1410 and 1430. That means the dinar is stronger than they had pegged. So it's doing very well in the markets.
Article: "An advisor in the central bank determines its orientations regarding the exchange rate and the possibility of changing it again" ...technically what they said [before] was they would only devalue the dinar one time not change the rate...I thought this devaluing of the dinar was only a short-term thing. It just didn't make sense to me especially since they had so much building to do and how it disproportionately affected the poor. So now it looks like there's already going to be pressure on them to go ahead and decrease the rate so the value goes back up for dinar holders...
RamblerNash- GURU HUNTER
- Posts : 24230
Join date : 2015-02-19
Similar topics» Guru Pimpy: "the more Trump removes the Iranian influence out of Iraq the better off we are as dinar holders" 3/15/20
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» Guru Pimpy: "For those of you who don't know - RI is a reinstatement which means they give you back the original rate which was $3.22 for every 1 Iraqi dinar" (Those Were Saddam Dinars! You Have Any Of Those? LOL) 7/24/21
» Guru Pimpy: "They're talking about going back to the old exchange rate which is you get 1190 dinar for every dollar" (Ooops...The Finance Minister Just Nixed That! LOL) 11/18/21
» Guru Pimpy: "we want to see them raise the exchange rate of the dinar against the international communities" (How Does That Help Against Foriegn Investment Guru Pimpy? LOL) 10/15/21
» ALL DINAR HOLDERS - IMPORTANT
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