Preparing The Way Of The RI Process.

[Luigi1]

Here's two articles of Dinarian interests...

Preparing the way of the RI process.

Treat as rumors.  Not verified.  Your opine.

 

 

 

MntGoat:       It's A Multi-Step Process.

ARTICLE:  The reinstatement is a multi-step process.  First a new in-country rate of about 1:1, then the swap-out & then a move to FOREX.   It is this move to FOREX we want & I cannot also emphasize this enough.  There will NEVER be two rates…Once the reinstatement occurs the program rate stuff goes away….Then the CBI will also link to & reference the FOREX rate.

 

Tlm724 Administrator Bondlady’s Corner:      A “Slight” Decline In Dollar ER In Local Markets With The Stock Market Closing.
ARTICLE:  On Saturday, the ER of the US Dollar witnessed a decline in Baghdad & Erbil, the capital of the Kurdistan Region, with the closure of the stock exchange.  The Dollar ER decreased with the closure of the Al-Kifah &d Al-Harithiya stock exchanges, recording 157,500 Dinars per 100 Dollars, while it recorded this morning 157,700 Dinars per 100 Dollars.