"RV UPDATE" BY FRANK26, 28 AUGUST

 Frank26 (KTFA)

Historically, this isn’t opinion, it’s a factual statement…we have seen bank movements…currency printed…exchange rates change…the IMF and the CBI working together and doing things in the month of April and in the month of September.  I don’t know of any other month where they have made any other type of financial moves with their budget…currency… banking structure.  All of it.  It’s always been April and September.

Question:
“Do you believe they are waiting for a holiday or religious event [before the rate change]?“

Absolutely not.  The monetary reform doesn’t wait for anybody.  Everybody’s waiting for the monetary reform.

Question "Do we expect any other currencies to re-value when Iraq finally releases the new exchange rate?"  The new exchange rate only belongs to the IQD.  As for as another currency, the dinar is the only currency the IMF has said is going to go up in value.  Why should I care about any other currency - yet.  Although there are good investments.  I don't want to mislead.  

Diversification and currency is a good investment but you better know what you're doing...