Could Oil Prices Be Pre-Planned To Help Iraq Pay For The RV/RI???

[shixjr]

I have traded currencies in the past.  I didn't do very well when I did it.  I got some experience and was thinking about writing a book called "How to turn thousands of dollars into hundreds using Forex", but I didn't think it would sell very well!  My question was, can they rv without their currency being on the Forex exchange?  If they are not an international currency now, they changed the rate from 1200 to 1460 without being international.  What are the advantages of Iraq going international and putting their currency on the Forex exchange?  You can't REALLY say they aren't international now, because there are people on this site from several countries who own Iraqi dinar.  I know it's an exotic currency and I can't go down to my bank and exchange it now, but they just changed the price whether I can go exchange it or not.  They didn't call me and ask my opinion and I don't have friends that work in the government.  I was just curious.

[Luigi1]

2 hours ago, shixjr said:

I have traded currencies in the past.  I didn't do very well when I did it.  I got some experience and was thinking about writing a book called "How to turn thousands of dollars into hundreds using Forex", but I didn't think it would sell very well!  My question was, can they rv without their currency being on the Forex exchange?  If they are not an international currency now, they changed the rate from 1200 to 1460 without being international.  What are the advantages of Iraq going international and putting their currency on the Forex exchange?  You can't REALLY say they aren't international now, because there are people on this site from several countries who own Iraqi dinar.  I know it's an exotic currency and I can't go down to my bank and exchange it now, but they just changed the price whether I can go exchange it or not.  They didn't call me and ask my opinion and I don't have friends that work in the government.  I was just curious.

 

Currency trades are for the big players like Soros. They trade $millions in one action & make a killing. Small currency players like us break even or lose because of the commissions & fees erodes any profit. Millions can be made just by a 0.05% currency change if you go big.

[rvmydinar]

18 hours ago, screwball said:

rate has to be 1:1 or higher.  

For a fresh start, 1:1 isn't a bad idea.