Kaperoni

Kaperoni – Dinar Guru  An article…came out from economic adviser Saleh stating Iraq cannot float the dinar because is using the daily currency auctions.  He mentions several reasons.  This is true.  They cannot float while they continue to use the currency auctions. Iraq is only one of a few if even that left in the world using a currency auction. Central banks manage their currency by freedom of movement of capital and supply and demand selling blocks of currency to balance the exchange rate on the global financial system.   [post 1 of 2]

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