Iraqi Dinar Discussion Board

[realest]

I'm in agreement too. Currency isn't like a stock in that how much you have on the market isn't neccessarily a sole indicator in its worth. Just because they are buying it back today doesn't mean they think it's going to run like crazy.

Who knows the what and why, maybe they had an early agreement with the IMF that they could sell as much as they wanted for a standard of XXXX amount till certain milestones and etc were met. Then once that criteria was met they needed to establish cash on hand to buy back whatever necessary to have like 10 Billion Dinar in float. Then prep for the next step in moving their economy further...

I could see something like that, and buying the dinar back is a good thing IMO. But like you, i don't think this means any impending sudden wealth, but i do look upon it as a stable platform that the value shouldn't retreat from this level.