Friday, January 17, 2014

1-17-2014 Intel Guru Winalot

1-17-2014   Intel Guru Winalot    Looks like Iraq is charging different exchange rates to Arab countries than the rest of the world!!  This is very interesting.  I was re-reading The Exchange Rate of Foreign Currency in Economic Feasibility Studies, which has been around for awhile.  This document explains the difference between the true exchange rate of the dinar, and the "ammended exchange rate".   They are playing "you-scratch-my-back-I'll -scratch- yours" with other arab countries!   ...they are charging different exchange rates!!!