Frank26

  In FRANK26

Question: “Why are they [US and Iraq] going to do the first currency swap at a program rate?” …IMO it’s brilliant…the first swap is to be advantageous to Trump and the Untied States of America and the American citizens and tax payer…The first swap at the program rate fills in the cupboards of the United States Treasury with a low costing dinar…Then a second swap at a new rate fills not only the CBI with their financial potential for their economy, citizens, International trade, all of this but it also acts as a loan fill-ins for the budget…IMO the 2021 budget will come out ready with a new exchange rate…Trump is doing like we did [getting dinar at a low price.