Mnt Goat: "what he is really saying is that if they are going to float the currency then first reinstate it and peg it to a “basket” of currencies for stability" 4/21/21
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Mnt Goat: "what he is really saying is that if they are going to float the currency then first reinstate it and peg it to a “basket” of currencies for stability" 4/21/21
Mnt Goat
Article: "ADVISOR AL-KAZEMI: FLOATING THE CURRENCY LEADS TO THE COLLAPSE OF THE IRAQI MARKET" Salih is referring to dangers if they floated the dinar within Iraq using the program rate not reinstating and then floating it as an internationally traded currency on FOREX. The finance committee keeps pushing for an internal float. So what he is really saying is that if they are going to float the currency then first reinstate it and peg it to a “basket” of currencies for stability.
Article: "ADVISOR AL-KAZEMI: FLOATING THE CURRENCY LEADS TO THE COLLAPSE OF THE IRAQI MARKET" Salih is referring to dangers if they floated the dinar within Iraq using the program rate not reinstating and then floating it as an internationally traded currency on FOREX. The finance committee keeps pushing for an internal float. So what he is really saying is that if they are going to float the currency then first reinstate it and peg it to a “basket” of currencies for stability.
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» Mnt Goat: "...reinstate it back on FOREX, put it in a basket of the 5 other currencies and get off the sole peg to the US dollar and then to float it" (Yep! All The Buzz Words! LOL) 7/20/21
» Mnt Goat - The Short Version -- Iraq's solution is to "Reinstate the dinar, get off the peg to the dollar & re-peg to the SDR basket of currencies.
» Frank26 says - When it does float and they reinstate the value this education is going to get louder for you...float means you are officially free from Kuwait
» Mnt Goat: "The IMF has told us going way back to 2011 that their plan is to peg the IQD in a basket of 5 other currencies and float it on the international exchanges" (Oh? Why The Wait For The Last Decade? LOL) 12/9/21
» Mnt Goat: "They are considering only the exchange rate as a program rate solely pegged to the US dollar and not as an IMF basket of global currencies and reinstated back on FOREX when traders come to buy" (Reinstate On FOREX But No "RV"? LOL) 7/17/21
» Mnt Goat - The Short Version -- Iraq's solution is to "Reinstate the dinar, get off the peg to the dollar & re-peg to the SDR basket of currencies.
» Frank26 says - When it does float and they reinstate the value this education is going to get louder for you...float means you are officially free from Kuwait
» Mnt Goat: "The IMF has told us going way back to 2011 that their plan is to peg the IQD in a basket of 5 other currencies and float it on the international exchanges" (Oh? Why The Wait For The Last Decade? LOL) 12/9/21
» Mnt Goat: "They are considering only the exchange rate as a program rate solely pegged to the US dollar and not as an IMF basket of global currencies and reinstated back on FOREX when traders come to buy" (Reinstate On FOREX But No "RV"? LOL) 7/17/21
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