August 3rd 10am

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Quick Link to Posts
New Blog Posts
Why Do Nations Need Reserves of Foreign Exchange?
By Kofi Bofah
 National foreign exchange reserves are associated with political strength.National foreign exchange reserves are associated with political strength. (Image: Foreign Currency image by Stephanie Mueller from

National treasuries build reserves of foreign exchange in order to participate within the global marketplace and transact official business. Foreign exchange reserves enable individual nations to coordinate trade policy and improve their domestic economy.

Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Late Wed PM 8-02-17 
chattels: good evening all
chattels: Iraq floats $1 billion standalone bonds to worldwide investors
chattels: ERBIL, Kurdistan Region — The cash-strapped Iraqi government has again begun offering unsupported bonds, as it attempts to rebuild a country torn apart by conflicts since 2003 and the massive recent destruction caused by ISIS and its elimination.
Read More

How Foreign Exchange Affects the Economy

By Kofi Bofah

Analysts monitor exchange rates to foreshadow economic trends.Analysts monitor exchange rates to foreshadow economic trends. (Image: Foreign Currency image by Stephanie Mueller from
Foreign exchange identifies the process of converting domestic currency into international banknotes at particular exchange rates. These transactions present distinct ramifications for the global economy.


Note: The KTFA Site appears to be down again ….hopefully it will be fixed soon

Late Wed. PM:


 Iraq restoring its economic standing internationally and increasing confidence in its financial and financing transactions!!!

Lobster:  Thanks Delta! It's kind of difficult to do that with a program rate!

DELTA: THE KEY WORD IS "confidence  in its financial  transactions ON INTERNATIONAL LEVEL "!!!  TRUE RATE........ ARTICLE 8 ………PONYTAIL DELTA IS COMING!!!  LOL

Magliteparty369:  Holy shiite.  Notice how he didn't use the word, "soon", "coming days" or "coming weeks"...  This may happen sooner than we hoped...