Friday, September 22, 2023

"RV UPDATE" BY SANDY INGRAM & PIMPY, 22 SEPT

 Sandy Ingram 

 Today is my last day of travel...As usual I'm traveling with only thirty thousand Iraqi dinar.  

I take the IQD with me everywhere I go because it could increase in value at any time.

The Prime Minister of Iraq has announced the development road project with Turkey is expected to increase the country's Gross Domestic Product (GDP) value.  When you hear the words GDP increase you can expect currency increase in value to follow...

Pimpy  

 Vietnam dong...the last we heard they were trying to recoup from a strong dollar.  Unfortunately, they have been selling their reserve currencies to try to hold onto the current exchange rate.  

Remember, every time the United States hikes their interest rates it affects currencies all around the world making a US dollar stronger while making theirs
[currency] weaker.



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