Wednesday, August 23, 2023

"JUST BE PATIENT, THE RI IS COMING", 23 AUGUST

 The saga about the Iraqi dinar RV only gets better as the months roll on.

But how long will it be before Iraq is allowed to liberate its own currency?
We know the value in the dinar exceeds even pre-1991 era but what is holding it back?
We know Iraq now pumps 2/3 more oil than in pre-1991 era.
So why is the dinar still 1/6 of a penny?
We have learned that the CBI is targeting a new revalued rate for the dinar of 1132 from 1320 and very soon.
Didn’t we hear about this exact same rate months ago?
Is this coincidental?
Any of the negative nay-sayers bashed us and told us it was a typo mistake by the CBI.
Really?
Why was it not made the “official” rate at that time?
In retrospect after reading all the news since, we all should know why.
But the important part is that this is their target, and we know now it is.
Is this the last rate change we are looking for prior to the 1:1 coming revaluation and triggering the project to delete the zeros?
Just be patient, the reinstatement is coming.

No comments:

Post a Comment

"RV UPDATE" BY DEEPWOODZ, 19 MAY

Deepwoodz     T he parallel market rate is an illegal, “black market” rate. This is the rate they have been trying to get rid of and we all ...