Both the IMF and the AMF are saying raise the value of your currency…lift the 3 zeros from your exchange rate…that’s old news. It’s so old it’s Greek Mythology. But only the AMF is asking them to join the GCC. They both have the same idea – one ‘unified currency’ in the Middle East. No. Absolutely not…Iraq wants to stand alone! …the Iraqi dinar wants no part of this…there is a date to change the notes and change the exchange rate. That date is still solid as a rock… ‘Unified Currency’. You’re going to start seeing that and when you do you’re going to be well ahead of the curve…this issue is actually forcing that date to maybe come sooner than they expected.
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