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Bank Of Baghdad Begins Initiative To Reduce The Exchange Rate Of The Dollar And Confirms: Prices Have Dropped By Thirty Dinars In Just Two Hours


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Suffice it to say this means nothing to us if the official rate won't be changing as a consequence of this strategy to lower the market rate, and I can almost guarantee it won't, unless they complete change their monetary policy in the next week or so.

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Suffice it to say this means nothing to us if the official rate won't be changing as a consequence of this strategy to lower the market rate, and I can almost guarantee it won't, unless they complete change their monetary policy in the next week or so.

CBI is putting a bandaid on an open sore.  Unless of course they really are trying to pull the dinar into their banks from the borders of Iraq and inside Iraq.  It might be of significance then.

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