Gurus

After a month of no updates…the CBI reported the MARKET rate of the dinar today as 1204

The update included the MARKET rate for every business day between October 8th and November 7th which traded between 1203 to 1208 over this timespan. These rates are well within the 2% IMF requirement between the OFFICIAL rate and the MARKET rate some gurus feel must be maintained for Article 8 compliance. Stay tuned as more information comes in from the Central Bank of Iraq.

Source: Dinar iraq and dong vietnam

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