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Guru Pimpy: "some people think it means restoring it to its previous rate of $3.22 for every dinar...It isn't very clear here" 3/11/21 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Guru Pimpy: "some people think it means restoring it to its previous rate of $3.22 for every dinar...It isn't very clear here" 3/11/21

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Guru Pimpy: "some people think it means restoring it to its previous rate of $3.22 for every dinar...It isn't very clear here" 3/11/21 Empty Guru Pimpy: "some people think it means restoring it to its previous rate of $3.22 for every dinar...It isn't very clear here" 3/11/21

Post by RamblerNash Thu Mar 11, 2021 9:33 pm

Guru Pimpy   

Article:   "Member of Parliament on the exchange rate of the dollar:  It will continue until this date"  What?  Is there a date for the rate?  Quote:   "...calls for a reduction or restoration of the exchange rate to its previous state."  ...what does this mean? ...some people think it means restoring it to its previous rate of $3.22 for every dinar...It isn't very clear here...IMO a jump that big at this moment would be a bad move...It would cause the collapse of the dinar jumping to the $3.22 rate.  Not quite yet.  Let's let them get things going and then let's see what happens.  Restoring it back to the 1190 level I can see that...yes you guys can make all kinds of arguments both ways about what the rate should be.  I understand that...does that mean it will never change No...it could change by next month that's the thing, we have to watch what they do...When Kuwait went to change their dinars they told people it wouldn't happen for years then it happened two days later...
RamblerNash
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