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ForexPros real time Exchange rate


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Forex Pros delivers a real-time exchange rate streaming graph for the USD/IQD rate.

It now shows a drop in Dinar to Dollar ratio as of 1:00AM CDT (GMT -5:00) to 1158.65; down from 1170.

As some have noted, this has been going on for several days. This is the 1st time I've seen it below 1160.

http://www.forexpros.com/currencies/usd-iqd

Is it possible that the CBI is raising and lowering the rates by just the smallest imperceptible amount in order to Sell High & Buy Low vast sums of Dinars/Dollars and thus"milk" the system to create more value for themselves? This could be a way to accumulate vast stores of capital without tipping their hand...

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Its probably just moving down because the dollar is losing value.

Hey Spoolin! I enjoy reading your posts. Not trying to be argumentative in any way, but just curious. Isn't the IQD pegged to the USD at 1170 or 1168? If I have the rate right, doesn't that mean it should remain stable regardless if the USD goes up or down?

I have always wondered this...

Q: If the IQD is pegged to the USD at a particular (1170 or 1168) rate should it fluctuate it even the slightest if the USD goes up or down?

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Forex Pros delivers a real-time exchange rate streaming graph for the USD/IQD rate.

It now shows a drop in Dinar to Dollar ratio as of 1:00AM CDT (GMT -5:00) to 1158.65; down from 1170.

As some have noted, this has been going on for several days. This is the 1st time I've seen it below 1160.

http://www.forexpros.com/currencies/usd-iqd

Is it possible that the CBI is raising and lowering the rates by just the smallest imperceptible amount in order to Sell High & Buy Low vast sums of Dinars/Dollars and thus"milk" the system to create more value for themselves? This could be a way to accumulate vast stores of capital without tipping their hand...

Opinions?

IT'S US DOLLOR FLUCTION !!! BEEN DOING THIS FOR YEARS.DINAR STAYS THE SAME ,,,,DOLLOR GOES UP AND DOWN :unsure:

Sorry to yell,,,see this post 3-4 times a day.Didn't take my meds today !! :huh::D:P

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Forex Pros delivers a real-time exchange rate streaming graph for the USD/IQD rate.

It now shows a drop in Dinar to Dollar ratio as of 1:00AM CDT (GMT -5:00) to 1158.65; down from 1170.

As some have noted, this has been going on for several days. This is the 1st time I've seen it below 1160.

http://www.forexpros.com/currencies/usd-iqd

Is it possible that the CBI is raising and lowering the rates by just the smallest imperceptible amount in order to Sell High & Buy Low vast sums of Dinars/Dollars and thus"milk" the system to create more value for themselves? This could be a way to accumulate vast stores of capital without tipping their hand...

Opinions?

OZforex show "1.00 Iraqi Dinar = 0.00 US Dollars

1 IQD = 0.0009 USD Display Chart 1 USD = 1111.1111 IQD"

the rates been the same there for 2 days now

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