MilitiaMan

MilitiaMan – Dinar Guru   Yesterday, the CBI Governor, ITB, Finance Minister, etc., told us they were going to protect the currency internally and externally.  That is meaning to me, they have the mechanisms in place to do so. One mechanism would be to stop the MCPs and raising the rate of the IQD.  The supply and demand will equalize over time, it may only take a couple weeks once they do? Regardless, that sort of support is a requirement by the IMF for completion and ascension into a market economy, imo. Iraq has been given orders to complete the MR process and they clearly are making that very apparent…that is exactly what they are doing!!! imo.

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