Sandy Ingram

Sandy Ingram – Dinar Guru  The reason the Iraqi dinar has maintained its exchange rate…even with all the conflict and chaos going on in the Middle East comes down to control, not market forces…The dinar is not freely traded like the US dollar or the euro.  The central bank sets the rate around 1300 dinars per US dollars and actively works to keep it there.  Here’s how they managed to hold it stead over the past month with all of the war and everything going on.  The IQD exchange rate has changed very very little.  The biggest factor is strict control over the US dollars…If too many people buy US dollars, the bank tightens access.  If demand drops, they release more.  This balancing act keeps the exchange rate stable...

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