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Guest Posting Now Available

Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject of your email entry should be: "Entry Post | (Title of your post) | Dinar Chronicles"

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"GCR Up-Date - Zorra Answers Questions" - One Who Believes - 12.7.16

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Thursday, November 3, 2016

IQD RV Update with mike: "Float Type System"

Article:

"Central Bank of Egypt frees pound exchange rate"

Quote:
"determine the exchange rate of the local currency will be in accordance with the mechanisms of supply and demand."

This sounds like the float type system that most countries use, supply and demand. The good new for Egypt is there are no exchange restrictions and they're in Article VIII. The last Article IV consultation with the IMF had Iraq remaining pegged to the dollar, if they unpeg and go to the supply/demand deal without Article VIII and the restrictions removed I'm betting the dinar will crater to somewhere around 1500-$1, if not lower. There just isn't any demand for the IQD right now, the peg is the only thing propping it up...IMO.

mike (Currency Chatter)

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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