Wolverine
...Iraqi Rate is going to 1000, next is 1:1, then the CBI will give an In Country Rate, followed by an International Rate approved by the US. ...The unlock codes arrived on Fri. 20 Oct. from the World Bank.
Pimpy
This is not what you want, our own government to be so concerned about the actions of Iraq that they would be forced to do this.
Article: "Washington directed the departure of the family of its diplomats and non-essential staff from Iraq and not to use Baghdad airport "
That's not good. We need for Iraq to say out of conflict of any kind...Unfortunately there are Iranian backed politicians therefore they're going to be involved...
I don't think the government gives a crap about dinar holders because...the average dinar holder holds 250,000 dinars. That's it.
Sure if an RV happened tomorrow there would be a lot of rich people but just think about a lot of those lotto winners, they win all this money and then all of a sudden they lose it all within the year. Most people would spend it quickly. It would give a huge jump to our economy and they don't care because the money would just go right back to them. I don't think they care that much...
There's a lot of confusion about whether these banks in Iraq are on sanction and how it is affecting the exchange rate.
Article: "The Reality of US 'Sanctions' on Iraqi Banks" ...
I've seen articles where they say these banks are under sanctions but if you go to the official website they're not listed there so it's like a gray area. They're under sanctions but they're not officially under sanctions. It's like putting them in a 'time-out' is what it is.
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