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Frank26: "They will soon raise the rate 1 to 1 which is Article 8 which is International status" 4/26/21
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Frank26: "They will soon raise the rate 1 to 1 which is Article 8 which is International status" 4/26/21
by RamblerNash Tue Apr 27, 2021 9:43 pm
Frank26
They will soon raise the rate 1 to 1 which is Article 8 which is International status. Leaving at 1460 and they can go international at 1460 is not going to draw any attention to give the currency of Iraq more potential growth...what is extremely important is what happens to the rate internationally from 1 to 1 outside of Iraq for you. You've got to know when to hold'm and when to fold'm...it is the REER (Real Effective Exchange Rate) that you and I seek. We already know it's going to be 1 to 1...they have articles that told us so...the pendulum swing is now going in the direction of the exchange rate that is coming IMO...
Why did you [CBI] raise your reserves from 60 to 90 billion? Why? For a program rate? Really? It would only be because you want to raise the value of your currency...you need to know if your country can sustain these numbers...the telltale sign of going from 60 to 90 should have told you they're going to raise the value of their currency...
They will soon raise the rate 1 to 1 which is Article 8 which is International status. Leaving at 1460 and they can go international at 1460 is not going to draw any attention to give the currency of Iraq more potential growth...what is extremely important is what happens to the rate internationally from 1 to 1 outside of Iraq for you. You've got to know when to hold'm and when to fold'm...it is the REER (Real Effective Exchange Rate) that you and I seek. We already know it's going to be 1 to 1...they have articles that told us so...the pendulum swing is now going in the direction of the exchange rate that is coming IMO...
Why did you [CBI] raise your reserves from 60 to 90 billion? Why? For a program rate? Really? It would only be because you want to raise the value of your currency...you need to know if your country can sustain these numbers...the telltale sign of going from 60 to 90 should have told you they're going to raise the value of their currency...
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