Tuesday Morning Mtn Goat Opinions @ 10 AM EDT - 5/28/2019

[ronscarpa]

 

5-28-2019  Newshound/Intel Guru Mnt Goat  Article:  "EUROPEAN CURRENCY DECLINES IN FRONT OF IRAQI DINAR"   So...as the Iraqi economy grows and the 1190 rate persists it is causing problems of disparity amongst the other currencies and trade must be hard with having to convert all the time using these larger three zero notes and very large list of digits

 

Note: Comparison charts are below for IQD Exchange Rates from Sunday and Tuesday .... Interesting..!  RON

 

 

• Exchange Rates -  Sunday - 5/26/2019

US dollar	USD	1190.000
Euro	EUR	1325.541
Pound sterling	GBP	1504.874
Canadian dollar	CAD	882.920
Swiss franc	S.FR	1179.853
Swedish krona	SEK	123.435
Norwegian krone	NOK	135.893
Danish krone	DKK	177.487
Japanese yen	JPY	10.797
Chinese Yuan	CNY	172.090
Australian dollar	AUD	818.244
Special drawing rights	SDR	1638.106
Gold for 24-ounce	Gold	1517274.300

 

• Exchange Rates - Tuesday - 5/28/2019

US dollar	USD	1190.000
Euro	EUR	1332.324
Pound sterling	GBP	1508.563
Canadian dollar	CAD	885.351
Swiss franc	S.FR	1185.613
Swedish krona	SEK	124.227
Norwegian krone	NOK	136.719
Danish krone	DKK	178.363
Japanese yen	JPY	10.868
Chinese Yuan	CNY	172.531
Australian dollar	AUD	823.123
Special drawing rights	SDR	1641.986
Gold for 24-ounce	Gold	1515915.000

[kwg]

Going to create arbitrage.

[ronscarpa]

7 hours ago, kwg said:

Going to create arbitrage.

 

Not necessarily...The amounts would have to be massive for it to be viable - more than the CBI is selling (controlled).. Let's wait and see how it varies in the days ahead. Thanks for indicating the possibility, kwg..!  RON