February 7 Pay Debt Deadline .. IQD Will Enter The Forex Market
U.S. Congress asked to pay their debts currently totaling 17 trillion before Feb. 7. According to the U.S. Treasury secretary, Jacob Lew in a letter to Congress to raise the ceiling before Feb. 7, otherwise the U.S. will come back legally.
Many expected that the U.S. will go bankrupt before 14 January, but they can be a capital injection in the 1 trillion. Unfortunately it was not enough value for their ever-increasing debt and the U.S. do do something before Feb. 7.
There is an expectation that a large capital injection will appear shortly (by flotation dinars). That's why our money is expected to fall to a level equivalent to 3.60 usd 1 ringgit later this year.
Because the U.S. economy will be stronger after this. Their currencies to rise. But provided that their debt is settled, and cash capital injection will be injected trillions of dollars into the U.S. economy. It all depends on the increase IQD itself. If not, they will not have a significant cash value to be obtained in the near future.
That's why many U.S. leaders held official meetings with Iraqi leaders. Hatta speaker of parliament was itself met with Senator John Kerry, Vice President of the U.S. itself. The time will come soon.
Rumors that the IQD will be traded in the forex market, it is not impossible things can happen.
We know that the FOREX market is the largest market, bigger than the stock market.
Even one day of the transaction is estimated to total 1 trillion dollars. If Iraq goes into the forex market, of course it's very good for the Iraqi currency.
Matawanag IQD will be affected by the sale and purchase activities (imports and exports) between foreign countries with Iraq and it will raise the value of Iraqi currency itself.
Self FOREX trading 24 hours a day and 5 days a week and it certainly boost IQD currency market itself. So what else do we want arguable the Iraqi currency. Wait time only and everything is possible in this world ....