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Entry Submitted by David Harkness at 7:51 PM EST on February 25, 2022
It seems for political reasons the UN will not do the RV of the Iraq Dinar until they form Government.
https://ninanews.com/Website/News/Details?key=958948
UN Treasury have fixed a rate of 1450 next review 11 March 2022.
At the same time the Iraq Dinar is trading at the moment at 1502.96 as set by Central Bank of Iraq..
Why would they hold up the RV for Vietnam and Indonesia when they are both politically and economically compliant .
UN Treasury show rates of 14347 for the Indonesian Rupiah and 22815 for Vietnamese Dong .
If the UN Treasury removed 4 zeros we would have 0.693 USD and 0.4385 USD respectively for the above currencies.
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These rates are in line with the Federal Reserve back office values that have not been made public but possibly could be declared next Monday 28 February 2022.
All we can do is be a little more patient for Public Rates to be declared .
We now have to rely upon the Fed Reserve Treasury or the IMF.
David Harkness
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