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Anyone hear that they depegged last night?

pokerplayer

By pokerplayer,
in Dinar Rumors

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  • pokerplayer changed the title to Anyone hear that they depegged last night?
JonnyV Experienced

JonnyV

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1 hour ago, pokerplayer said:

I'm hearing that Iraq depegged last night has anyone else heard that?

 

If true this is huge !!

 

   pp

 

Where did you hear this?    That’s big info that didn’t make mainstream news over there.  

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Luigi1 Grand Master

Luigi1

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I can't find anything in the financials about the de-peg.

If true...it would only be a temporary de-peg.  IMHO.

Probably the world is waiting on the US to come under the digital gold standard.

The US is the holdup as far as going digital gold backed.

Once that happens...the new IQD value will be based on the average strengths of gold, USD, EURO, China Yuan, Japan Yen, & Swiss Franc.

This will make the new IQD as strong, solid & stable as the Swiss Franc.

Iraq's economy will no longer be subject to the swings of global oil prices.  All IMHO.

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Luigi1 Grand Master

Luigi1

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This may help to answer some questions...here's a bit of good news...the parallel rate equals...ISX has another fantastic day...the IQD loses strength to USD...

 

Tlm724 Administrator Bondlady’s Corner:   IQD Parallel Buy Sell Rate Equals.

ARTICLE:  The Dollar Exchange Rates Rose In Baghdad With The Stock Market Closed.   Sunday, May 21, 2023,  the exchange rates of the US Dollar against the Iraqi Dinar rose today, Sunday, on the main stock exchange in the capital, Baghdad.  The correspondent of the National News Center said, “The central Al-Kifah & Al-Harithiya stock exchanges in Baghdad recorded an exchange rate of 146,400 Dinars, compared to 100 Dollars, while the prices this morning were 145,200 Dinars.”  He added, “The buying & selling prices rose in the exchange shops in the local markets in Baghdad, where the selling price reached 147,000 Dinars, while the purchase prices reached 146,000 Dinars per 100 Dollars.”  

 

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