Pimpy

Pimpy – Dinar Guru  Article:  “Central Bank attributes the reduction of the dollar exchange rate to the increase in cash reserves and electronic platform”  What the cash reserves do, it allows them to flood the market with a competing currency therefore driving down the exchange rate slightly.  In this case Iraq’s parallel Market, people were given up quite a bit of dinar to get the U.S. dollar.  And what that does is affect the official rate. 

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