MilitiaMan

MilitiaMan – Dinar Guru  Article:  “The Cabinet Secretariat approves the mechanisms for lending large projects”  If this article is suggesting they have an approved mechanism (as an example that a Dinar is equal to a Dollar), then they did a good job leaking that out. They did that on the back of the Sadr horse with one heck of a start out the gate in respect to changing the value of the exchange rate! If that is the case I can understand a gradual increase from there with a managed or directed float. Regardless this is looking very good and timed with urgency. There are to be procedures in place on the 17th per the CBI for foreign currency exchange… Being 1:1 at that time may very well be necessary so that the Dinar can begin the journey to being in the ranks with global currencies!!…

This entry was posted in Uncategorized. Bookmark the permalink.